date:Jul 31, 2012
The Early Calls for the commodities on Monday, July 30,2012, are sharply higher.Corn is seen opening 18-20 cents higher, soybeans 36-38 cents higher, and wheat 17-19 cents higher.
In overnight trading, the Dec. corn futures contract traded 21 3/4 cents higher at $8.15 per bushel. Nov. soybean futures traded 38 3/4 cents higher at $16.40 1/2 per bushel, and Sep. wheat traded 19 1/2 cents higher at $9.17 1/2. For Aug. soybean meal futures, the contract traded $13.70 per short ton higher at $541.4