Morning Calls & Comments (10/5)
Corn: 3 to 4 cents lower.
Soybeans: 9 to 12 cents lower.
Wheat: 6 to 9 cents lower.
Cattle: Steady-weaker
Hogs: Steady-weaker
Grain and soybean futures fell overnight amid growing recession concerns and strength in the U.S. dollar. Malaysian palm oil futures rose 0.7%, while front-month crude oil firmed slightly. U.S. stock index futures signal a weaker open and the U.S. dollar index is up around 1,000 points.
