NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Fri Mar 1, 2013 08:34 AM CST

8:30 a.m. CME Globex: Corn 2 1/4 lower, Soybeans 13 1/4 lower, Wheat 5 1/4 lower. Wild new gains in the U.S. dollar index have placed severe pressure on commodity markets Friday morning, so soybean and corn futures are giving back some of their gains from the previous session.

Other Market:

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

Corn:The U.S. dollar index has skyrocketed overnight, primarily due to continued unstable sentiment about Italy in particular and Europe in general. The chart’s new six-month high is now 82.430, and that’s placing significant selling pressure on the ...

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