At 9am:
In early trading,
At 9am, the Sept. corn futures are trading 1 1/2 cents higher at $3.65, Dec corn futures are 1 1/2 cents higher at $3.76. Nov. soybean futures are trading 9 3/4 cents lower at $9.17.
Sept. wheat futures are 3 1/4 cents higher at $5.06.
Sept. soymeal futures are trading $3.30 per short ton lower at $327.60. Sept. soyoil futures are trading $0.06 lower at $28.93.
In the outside markets, the Brent Crude oil market is $0.14 lower per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 38 points higher.
Mike
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At 7:00am:
Early calls: Corn 2-4 cents lower, soybeans 8-10 cents lower, and wheat 3-5 cents lower.
Trackers:
Overnight grain, soybean markets = Trading lower.
Crude Oil = $0.04 lower at a 6 1/2 year low of $41.35 per barrel.
Dollar =Lower.
Wall Street = Seen lower, with a lot of data eyed.
World Markets = Europe stocks were lowher, Asia/Pacific stocks were mixed.
More in a minute,
Mike
