eCBOT Close/Early Call

Wednesday's CBOT session is seen opening with corn futures expected 2 to 4 cents lower, soybeans 6 to 10 lower and wheat 5 to 7 lower.

Corn and wheat were lower for much of the overnight eCBOT session, but soybeans were mostly firmer before selling off late to also close in negative territory.

September beans closed 9 3/4c lower at $15.18 1/4, Sep corn 3 1/2c lower at $6.44 3/4 and Sep wheat 7 1/4c lower at $8.03 3/4.

Favourable US weather, wheat harvest pressure, weaker crude oil and spillover economic pressures from outside sectors are all bearish influences today a trader said.

However the market remains nervous as crude could bounce this afternoon depending on the latest stocks data from the EIA, the trader warned.