Morning Calls & Comments (12/16)
Corn: Steady to 1 cent lower.
Soybeans: Steady to 2 cents higher.
Wheat: 1 to 3 cents lower.
Cattle: Steady-firm
Hogs: Steady-weaker
Wheat futures fell slightly overnight, while corn was narrowly mixed and soybean futures were slightly firmer. Malaysian palm oil futures rose 0.6% but still fell 2% for the week on lackluster exports and concerns over Covid cases in China. Front-month crude oil fell more than $2. U.S. stock index futures signal a lower open, while the U.S. dollar index is little changed.
