DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Wed Jul 23, 2014 11:17 AM CDT
General Comments

U.S. stock market indices are mixed with the Dow down 10. Interest rate products are lower. The dollar index is 9 higher. Energies are mixed with crude oil up $.80. Livestock trade is lower with lean hogs trading limit down. Precious metals are mixed with gold up $1.


Corn futures are 1 to 3 cents lower at midday in fairly quiet trade. The weather forecast remains mostly non-threatening despite some dry pockets developing. Basis has been fairly stable this week and trade is heavily oversold. Ethanol production was 1.7% higher on the week, with stocks .03% lower, ...

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