Morning Calls & Comments (9/19)
Winter wheat futures fell sharply overnight and corn and soybeans also dropped amid pressure from strength in the U.S. dollar and escalating concerns over global recession. Malaysian palm oil futures fell 2.2% as expectations for higher production outweighed strong demand. Front-month crude oil futures are down more than $2 after dropping to the lowest levels in over a week. U.S. stock index futures signal a weaker open and the U.S. dollar index is around 200 points higher.
