Grain Futures Climb Overnight

Grain and livestock comments and calls.

grain calls
grain calls
(Commodity Update)

Corn: 4 to 15 cents higher.

Soybeans: 10 to 12 cents higher.

Wheat: HRW and SRW 11 to 19 cents higher, spring wheat 8 to 11 cents higher.

Cattle: Steady-weaker

Hogs: Steady-weaker

Grain and soy complex futures climbed overnight but are still heading for sharp weekly declines on improving crop weather and recession concerns. Malaysian palm oil futures sank nearly 2% and posted a decline of nearly 15% this week amid soyoil weakness and an expanding production outlook. Front-month crude oil futures are up over $2. U.S. stock futures signal a stronger open, while the U.S. dollar index is down about 140 points this morning.