Markets

Pre-Opening Corn Market Report for 01/10

March corn extended its gains overnight and is up 3 cents near 7 am cst. The wheat markets are leading the way to the upside with modest gains in Soybeans. Egypt tendered for wheat after the closing bell yesterday which is adding positive sentiment to the grain markets on thoughts the US will do a large portion of the business. Outside markets are supportive with equities set to open up higher, bonds lower, and the US Dollar is a touch weaker against the Euro. Crude oil was up over $1 in early trade which could help boost grain markets.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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