Morning Calls & Comments (11/4)
Corn: 3 to 4 cents higher.
Soybeans: 14 to 17 cents higher.
Wheat: 10 to 12 cents higher.
Cattle: Steady-weaker
Hogs: Steady-weaker
Soybean futures climbed overnight and are heading for the third weekly gain in the past four on strength in global vegoil markets and demand optimism. Corn and wheat also rose. Malaysian palm oil futures firmed 0.7% and posted a 9.4% jump on the week, while front-month crude oil rallied around $4. U.S. stock index futures signal a firmer open, while the U.S. dollar index is down more than 1,200 points.
