date:Aug 01, 2012
The Early Calls for the commodities on Tuesday, July 31, 2012, are higher.Corn is seen opening 3-5 cents higher, soybeans 13-15 cents higher, and wheat 3-5 cents higher.
In overnight trading, the Sep. corn futures contract traded 2 3/4 cents higher at $8.22 3/4 per bushel, the Dec. up 4 3/4 cents at $8.18 3/4. The Sep. wheat futures traded 2 1/2 cents higher at $9.17. Aug. soybean futures traded 12 3/4 cents higher at $17.38 1/2, while the Nov. soybean futures traded 17 3/4 cents higher at $16.