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DTN's morning wrap reports overnight CME Globex trading: December corn down 1/4 cent, November soybeans up 3 cents, December KC wheat down 1 cent. It also notes firmer global equities, a weaker dollar index and crude oil near $66.61, and says grains await the final third of harvest.
This is routine price commentary with no new supply or demand cause, so it gives little directional signal for feed costs beyond the modest overnight moves.
dtnpf.comTregg Cronin DTN Contributing AnalystOct 31, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
