Morning Calls & Comments (12/22)
Corn: Steady to 1 cent lower.
Soybeans: 4 to 6 cents lower.
Wheat: Steady to 3 cents higher.
Cattle: Steady-firmer
Hogs: Steady-firm
Corn futures hit three-week highs in narrow-range trading overnight before fading, while soybean futures also eased. Winter wheat futures also touched three-week highs. Malaysian palm oil futures fell 1.7% on slower export demand, while front-month crude oil futures rose around $1. U.S. stock index futures signal a weaker open, while the U.S. dollar index is slightly firmer.
