Morning Calls & Comments (12/5)
Corn: 2 to 4 cents higher.
Soybeans: 7 to 8 cents higher.
Wheat: 2 to 5 cents higher.
Corn and wheat futures rose overnight on corrective buying following losses last week, which soybean futures also firmed. Malaysian palm oil futures rebounded 0.3% as expectations of a drop in stocks boosted prices, while front-month crude oil rose more than $2. U.S. stock index futures signal a lower open and the U.S. dollar index is down slightly.
