DTN Early Word Grains
BULL
BEAR
1) The May corn contract has moved into a short-term uptrend.
2) Demand for U.S. soybean supplies remains strong.
3) The other grains are expected to pull Chicago wheat higher.
1) There are few bearish factors in corn at this time, though a strong U.S. dollar index could limit buying interest.
2) Technically the soybean market remains short-term bearish.
3) Long-term global supply and demand remains bearish for wheat.
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