DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Tue Apr 9, 2013 11:12 AM CDT
General Comments

The U.S. stock markets are narrowly mixed at midday. The interest rate products are lower. The dollar index is 36 lower. Energies are flat to higher. Livestock trade is mostly higher. Precious metals are higher with gold up $14.


Corn trade is 5 to 9 higher on old crop and 1 to 3 on new at midday with a further resumption of bull spreading. Outside markets are fairly quiet this morning, with outside markets mildly friendly. The charts remain pretty oversold, and well below the major moving averages, the 10-day at $6.61 is the lowest May contract ...

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