Morning Calls & Comments (12/19)
Corn: 2 to 3 cents lower.
Soybeans: 6 to 8 cents lower.
Wheat: 1 to 4 cents lower.
Soybean futures fell overnight to the lowest levels in a week after weekend rains reached some dry areas of South America. Corn and wheat futures were also under pressure. Malaysian palm oil futures rose 0.4% following reports of flooding in Malaysia, while front-month crude oil rose more than $1. U.S. stock index futures signal a firmer open, while the U.S. dollar index is down slightly.