NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Wed Dec 12, 2012 08:37 AM CST

8:30 a.m. CME Globex:Corn 1/4 lower, Soybeans 7 1/2 lower, Wheat 1/2 lower. After the sudden rush of wheat selling Tuesday, grain and oilseed trade seems to be taking a quieter approach Wednesday morning. Some upward recovery has been seen alongside supportive outside markets.

Other Markets:

Dow Jones: Higher
U.S. Dollar Index: Lower
Gold: Higher
Crude Oil: Higher

Corn:When China (and other importers) have been looking for corn in recent months, the U.S. has been losing out to Canada and Ukraine, based on price. Therefore, a falling U.S. dollar index (which has dropped 1.4 percent in the past three sessions) ...

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