date:May 22, 2012
The Early Calls for the commodities on Monday, May 21, 2012, are mostly higher.Corn is seen opening 1-2 cents higher, wheat 1-2 cents lower and soybeans 4-6 cents higher.
In overnight trading, the July corn futures contract traded 1 1/2 cents higher at $6.37 per bushel. July soybean futures traded 8 cents higher at $14.13 per bushel, and July wheat traded 3 1/4 cents lower at $6.92. For July soybean meal futures, the contract traded $1.10 per short ton higher at $419.00. July soybean oil future