date:Aug 09, 2012
The Early Calls for the commodities on Wednesday, August 8, 2012, are lower.Corn is seen opening 5-7 cents lower, soybeans 4-6 cents lower, and wheat 10-12 cents lower.
In overnight trading, the Sep. corn futures contract traded 6 1/2 cents lower at $7.89 1/2 per bushel. Aug. soybean futures traded unchanged at $16.05 1/4 per bushel, and Sept. wheat traded 11 1/2 cents lower at $8.77 1/4. For soybean meal futures, the Sep. contract traded $0.60 per short ton lower at $491.00. Sep. soybean oil f