date:Sep 18, 2012
bean futures trade 31 cents lower at $17.07 per bushel, and Dec. wheat traded 12 cents lower at $9.12. For Dec. soybean meal futures, the contract traded $10.20 per short ton lower at $515.20. Dec. soybean oil futures traded $0.76 lower at $56.61.
The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the sharply lower overnight markets.