Agfax Buzz:
    October 14, 2013

    DTN Grain Open: Starting Out Quietly Mixed

    AgFax.Com - Your Online Ag News Source

    By Darin Newsom, DTN Senior Analyst

    Corn futures are unchanged at 6 a.m. CDT; soybeans higher; wheat lower.

     

    6:00 a.m. CME Globex: Corn unchanged, soybeans 6 cents higher, and wheat 2 cents lower.

    CME Globex Recap: Grains were relatively quiet again early Monday, with corn posting a 2-cent range during the overnight session and wheat mustering only a 5-cent range. Soybeans showed a little more life with a 15-cent range, trading near its session high in the pre-dawn hours. A lack of movement on the U.S. government shutdown over the weekend has Dow Jones Industrial Average futures posting a triple-digit loss, the U.S. dollar index under pressure, and gold trading higher.

    OUTSIDE MARKETS

    The Dow Jones Industrial Average closed 111.04 points higher Friday at 15,237.11. Dow Jones Industrial Average futures were 106 points lower overnight, indicating renewed selling interest could be seen Monday. Asian markets were mostly lower while European markets were also mostly lower. The overnight crude oil market was $0.82 lower at $101.20 while Brent crude was $0.95 lower at $110.33. The December gold contract was $9.30 higher at $1,277.50 while the U.S. dollar index is 0.067 lower at 80.295. Soybeans at the Dalian Exchange were lower while Malaysian palm oil futures were also lower.

    Tags: , ,

     
    Copyright DTN. All rights reserved. Disclaimer.
    Powered By DTN

    Leave a Reply

    Name and Email Address are required fields. Your email will not be published or shared with third parties.

    Sunbelt Ag News

      Oklahoma Pecans: Moderate Early Deliveries Taper Off12-19

      Cleveland on Cotton: India Stirs the Bears; China Releases Reliable Stock Estimates12-19

      Western Region Pecans: Buying Interest Good, Moderate Deliveries12-19

      Georgia Pecans: Increased Deliveries, Smaller Lots12-19

      Alfalfa: Dupont Pioneer Sells Alfalfa Seed Biz To S&W12-19

      Texas Ag Benefits from Normalized U.S.-Cuba Relations, Says Expert12-19

      Brazil Livestock: Small Scale Ranchers Account for Most Deforestation – DTN12-19

      DTN Cotton Close: Narrowly Mixed on Light Volume12-19

      USDA: Peanut Price Highlights12-19

      AgFax Peanut Review: Spray Fungicides at Night; New Peanut Butter and Chocolate Ice Cream12-19

      DTN Grain Close: Wheat Pulls Back As Ruble, Oil Rally12-19

      Mississippi Soybeans: Record Yield Valued at $1.17B12-19

      DTN Livestock Midday: Feeder Cattle Post Strong Gains12-19

      DTN Grain Midday: All 3 Markets Trading Lower12-19

      Weekly Cotton Market Review12-19

      Mississippi Outdoors: Feeding Wildlife in Winter Can Cause Problems12-19

      DTN Cotton Open: Ticks Quietly Just Below Unchanged12-19

      AgFax Wildlife Review: Oklahoma Man Faces Felonies Over Wild Hogs12-19

      DTN Livestock Open: Futures to Begin Solidly Higher12-19

      DTN Grain Open: Wheat Futures Plummet12-19

      Keith Good: New Cuba Policy Could Open Huge Market for U.S. Wheat12-19

      DTN Livestock Close: Cattle Futures Pull Out of Price Collapse12-18

      Nitrogen Fertilizer: Oversupply, Geopolitical Risk Overshadow Strong Global Demand – DTN12-18

      AFB Grain-Soybean Close: All Markets Move Higher12-18

      AFB Cotton Close: Gains Continue but Unable to Break Through Resistance12-18