Pre-Opening Chicago Wheat Market Report 01/04
Grain markets held steady for most of the night as traders and investors look ahead to a key unemployment report today. Corn is 1-2 higher and soybeans are 1-2 cents higher. Equity markets turned higher and US bonds dropped for the second day in row. The US Dollar extended its upside gains on the week against the Aussie, Euro, and Yen. Crude, silver, and copper are sharply lower. The March French Matif contract is up 1.25 Euros per tonne.
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