Wednesday, March 5, 2014

FC Morning Grain Market Commentary for 3/5/2014

AM Comments 03/05/14

Wednesday, March 5, 2014, 8:12 am
Submitted by: Dustin Weiner


Good morning!
 
The grain markets were mixed last night with corn trading anywhere from a penny higher to 3c lower and soybeans trading between 3c higher and 3c lower.  There isn’t much for new news out of Ukraine and so far exports out of the Black Sea area are plugging along at a normal pace. This could allow the grains to take a breather today.
 
Outside markets are mixed with Crude Oil lower at this time (DN 29 @ 103.04) along with a higher US Dollar (137.30 vs. Euro) and the US stock market is higher (UP 18).
 
Opening Calls
Corn down 1 to 3 cents
Soybeans down 2 to 5 cents
 
 

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