Morning Calls & Comments (6/15)

grain calls
grain calls
(Commodity Update)

Corn: 3to 6 cents lower.

Soybeans: 4 cents lower to 3 cents higher.

Wheat: 7 to 10 cents lower.

 

Cattle: Steady-firmer

Hogs: Steady-firmer

Nearby soybean futures fell near a two-week low overnight while corn and wheat also declined as recession concerns continued burden commodity markets. Malaysian palm oil futures fell more than 3% to a 2 1/2-month low. Front-month U.S. crude oil futures were trading slightly lower. U.S. stock index futures indicate a firmer open, while the U.S. dollar index is about 350 points lower this morning.

 

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