Morning Calls & Comments (12/21)
Corn: Steady to 2 cents higher.
Soybeans: 6 to 8 cents higher.
Wheat: 2 to 8 cents higher.
Cattle: Steady-firmer
Hogs: Steady-mixed
Soybean futures rose to the highest prices in over a week, while corn and wheat also firmed in subdued narrow-range trade ahead of the upcoming holiday weekend. Malaysian palm oil futures surged 2.4% and hit a 12-day high on concerns over flood-related supply disruptions in the country. U.S. stock index futures signal a stronger open, while the U.S. dollar index is little changed.
