Corn Futures Climb Near 3-Week High

Corn futures climbed near a three-week high overnight and wheat also rose amid concerns over extreme heat in key U.S. and European growing areas.

grain calls
grain calls
(Commodity Update)

Corn: 5 to 7 cents higher.

Soybeans: 15 to 20 cents lower.

Wheat: 7 to 20 cents lower.

Cattle: Steady-mixed

Hogs: Steady-weak

Corn futures climbed near a three-week high overnight and wheat also rose amid concerns over extreme heat in key U.S. and European growing areas. Soybeans fell. Malaysian palm oil futures sank to a 10-week low as Indonesia readied to accelerate exports. Front-month U.S. crude oil futures are down around $2. U.S. stock index futures signal an extension of last week’s sharp losses, while the U.S. dollar index is more than 500 points higher this morning.