NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Wed Dec 12, 2012 12:00 PM CST
General Comments

The U.S. stock market indices are narrowly mixed ahead of the Federal Reserve Meeting. The interest rate products are flat. The dollar index is 8 lower. Energies are higher with crude up $1.00. Livestock trade is mixed. Precious metals are higher with gold up $5.

CORN

Corn trade is 2 to 5 lower at midday with continued pressure from the soft wheat trade. On the March chart support is at $7.25, and then $7.19 with resistance is at $7.44, $7.55, and then $7.65. The limited bull spreading between old and new crop has slowed down today. South Korea ...

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