date:Aug 07, 2012
The Early Calls for the commodities on Monday, August 6, 2012, are lower.Corn is seen opening 5-7 cents lower, soybeans 27-28 cents lower, and wheat 3-5 cents lower.
In overnight trading, the Sep. corn futures contract traded 5 cents lower at $8.05 per bushel. Aug. soybean futures traded 32 cents lower at $16.24 1/2 per bushel, and Sept. wheat traded 4 1/4 cents lower at $8.87. For soybean meal futures, the Aug. contract traded $11.50 per short ton lower at $520.00. Aug. soybean oil futures tra