Morning Calls & Comments (10/31)
Corn: 10 to 14 cents higher.
Soybeans: 5 to 8 cents higher.
Wheat: HRW and SRW 35 to 45 cents higher, spring wheat 28 to 35 cents higher.
Corn and wheat futures gapped higher overnight after Russia’s withdrawal from an agreement enabling grain shipments from Ukraine fueled concerns over global supplies. Soybean futures also gained. Front-month crude oil was down over $1.50. U.S. stock index futures signal a lower open, while the U.S. dollar index is more than 650 points higher this morning.