Grain markets traded mixed and nearly unchanged on the night after sharp losses in corn, soybeans, and wheat yesterday. The March Paris Matif futures contract traded 4 Euros lower near 250.50 Euros per tonne. The Euro rose overnight, pressuring the US Dollar which helped to support US commodity markets. US equity futures posted moderate gains but were steady for most of the evening. Investors will look ahead to today's Initial Jobless Claims and Consumer Confidence reports.
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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.