Morning Calls & Comments (9/29)
Corn: 1 to 3 cents higher.
Soybeans: 5 to 9 cents higher.
Wheat: HRW and SRW 1-3 cents higher, spring wheat 3-5 cents lower.
Cattle: Steady-weaker
Hogs: Steady-weaker
Wheat futures extended early-week gains overnight and reached highs for the week as concerns over supply disruptions overshadowed U.S. dollar strength. Corn and soybeans also firmed overnight. Malaysian palm oil rose 3.6% after tumbling to a 20-month low the previous session. Front-month crude oil rose slightly. U.S. stock index futures signal a weaker open and the U.S. dollar index is up more than 500 points and near 20-year highs set earlier this week.
