Morning Calls & Comments (7/8)
Corn: 7 to 9 cents higher.
Soybeans: 1 cent lower to 6 cents higher.
Wheat: 15 to 28 cents to higher.
Cattle: Steady-firmer
Hogs: Steady-firmer
Wheat futures climbed to highs for the week overnight. Corn and soybeans firmed on forecasts for dry Midwest conditions later this month. Malaysian palm oil futures ended the week with a drop of nearly 12% on expectations for rising supplies. Front-month crude oil is up slightly more than $1. U.S. stock index futures signal a weaker open and the U.S. dollar index is more than 100 points higher after posting a fresh 20-year high.
