date:Oct 26, 2012
and Dec. wheat traded 4 1/4 cents higher at $8.79 For December soybean meal futures, the contract traded $1.40 per short ton lower at $480.50. December soybean oil futures traded 25 cents higher at $52.09.
The outside markets are mostly unfavorable for Thursday's grain trade. The real factors driving the calls will be the higher overnight markets.
On Thursday, the USDA released weekly export sales data.
For corn, USDA estimates sales of 142,300 mt vs. the trade's expectations of between 150,