In quiet trade, corn and wheat are a bit lower, while soybeans have popped back up. Dollar Index is down 0.320 and December gold is down $3.00 per ounce. The Dow Jones Industrial Average is up 50.30 points and October crude oil is up $1.17 per barrel. Posted 08:36 - December corn is down 5 cents per bushel, November soybeans are up 6 1/2 cents, December KC wheat is down 1 1/4 cents, December Chicago wheat is down 7 3/4 cents and December Minneapolis wheat is down 1 1/2 cents. Traders continue to face the uncertainty of a potential rail strike beginning on Friday. Crude oil is surging despite a larger-than-expected increase in crude oil inventories, which included a record draw from SPR. 9 to 963,000 bpd while ethanol inventory fell by 1.3% to 22.8 million barrels. The EIA shows daily production of ethanol falling 2.6% over the week ending Sept.

Recent trade has saw soybeans turn lower, led by losses in soybean oil futures, while wheat has turned higher, although gains have been pared. Dollar Index is down 0.331 and December gold is down $4.40 per ounce. The Dow Jones Industrial Average is up 65.96 points and October crude oil is up $1.50 per barrel. Posted 10:34 - During midmorning trade Wednesday, December corn is down 8 3/4 cents per bushel, November soybeans are down 13 3/4 cents, December KC wheat is up 7 3/4 cents, December Chicago wheat is up 1/4 cent and December Minneapolis wheat is up 5 cents.

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