eCBOT Close, Early Call
The overnight grains were mostly a little steadier, supported by a weaker dollar and firmer crude oil.
Beans closed narrowly mixed, but mostly 1-2 cents higher, corn was also 1-2 cents firmer with wheat 3-4 cents higher.
Crude oil is steady at $72.15/barrel on unrest in Nigeria and Iran threatens supplies.
European and Asian stocks are higher, with Wall Street expected to follow suit later today.
The US dollar continues to lose ground following the rebound in risk appetite.
Iraq purchased 100,000 MT of US and 150,000 MT of Australian wheat overnight, whilst South Korea bought 22,400 MT of US wheat. Malaysia bought 50,000 MT of US corn.
Brazil says it is keeping it's 10% wheat import tariff for purchases from outside the Mercosur bloc.
Harvesting of winter wheat has spread from Texas and Oklahoma into southern Kansas, where early reports are that yields are generally not as bad as had been feared.
Early calls for this afternoon's CBOT session: Corn 1 to 3 higher, Soybeans steady, Wheat 2 to 4 higher.
Beans closed narrowly mixed, but mostly 1-2 cents higher, corn was also 1-2 cents firmer with wheat 3-4 cents higher.
Crude oil is steady at $72.15/barrel on unrest in Nigeria and Iran threatens supplies.
European and Asian stocks are higher, with Wall Street expected to follow suit later today.
The US dollar continues to lose ground following the rebound in risk appetite.
Iraq purchased 100,000 MT of US and 150,000 MT of Australian wheat overnight, whilst South Korea bought 22,400 MT of US wheat. Malaysia bought 50,000 MT of US corn.
Brazil says it is keeping it's 10% wheat import tariff for purchases from outside the Mercosur bloc.
Harvesting of winter wheat has spread from Texas and Oklahoma into southern Kansas, where early reports are that yields are generally not as bad as had been feared.
Early calls for this afternoon's CBOT session: Corn 1 to 3 higher, Soybeans steady, Wheat 2 to 4 higher.