DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Fri Oct 24, 2014 08:19 AM CDT

Morning CME Globex Update:December corn was up 4 cents, November soybeans were up 5 1/4 cents, and December Chicago wheat was up 9 cents. At 8 a.m., USDA announced 101,600 metric tons (4.0 mb) of U.S. corn were sold to unknown destinations for 2014-15. Before the announcement, all three grains were higher with Chicago wheat leading the way. Higher prices in the face of record harvests seem contradictory, but the harvests were well anticipated and the selling in September was overdone.

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At 8 a.m., USDA ...

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