Early call on Chicago
Corn futures are expected to open 2 to 4 lower; soybeans mixed; wheat mostly 2 to 4 higher. Corn is called a bit lower on less rain in the forecast for the Corn Belt. Trading action was very slow in overnight trade.
Not a very inspiring call that one is it? In fact it's so uninspiring that I've invoked the spirit of Septic Peg, my mystic guide from beyond the grave, to fill me in on what tonight's close is going to be.
Septic tells me that corn will see a light sell-off ahead of the weekend and finish the session 6-8c easier. Beans will be up & down like a brides nightie before closing around 5c lower. Wheat will continue to dither around in the wings ending around unchanged.
Not a very inspiring call that one is it? In fact it's so uninspiring that I've invoked the spirit of Septic Peg, my mystic guide from beyond the grave, to fill me in on what tonight's close is going to be.
Septic tells me that corn will see a light sell-off ahead of the weekend and finish the session 6-8c easier. Beans will be up & down like a brides nightie before closing around 5c lower. Wheat will continue to dither around in the wings ending around unchanged.
