Grains Firmer This Morning

Winter wheat futures firmer on signs of better demand; corn, soybeans firmer ahead of USDA reports.

grain calls
grain calls
(Commodity Update)

Corn: Steady to 6 cents higher.

Soybeans: 6 to 10 cents higher.

Wheat: 9 to 17 cents higher.

Cattle: Steady-weaker

Hogs: Steady-weaker

Winter wheat futures rose to highs for the week overnight on signs sharp price declines earlier this month stirred improved demand. Corn and soybeans were also mostly firmer. Malaysian palm oil futures fell 1.7% on expectations for rising production and weaker demand. Front-month crude oil futures rose over $1.60 to the highest levels in over a week. U.S. stock futures signal a firmer open, while the U.S. dollar index is slightly firmer this morning.