Second call on Chicago
The second morning futures calls are July corn up 4 to 8 cents, July soybeans up 6 to 12 cents, and July CBOT wheat up 6 to 12 cents.
Corn must balance bearish export sales against bullish weather. Traders remain nervous ahead of Monday's USDA acreage and stocks report estimates.
This mornings weather forecast has not changed must from yesterday. Temps will remain cooler than usual in the next week and there will be a little more rain than farmers would like. Drier conditions will hit mid next week for a few days but not long enough to dry things out. Overnight, southeastern IA, northeastern MO, and northern IA received 1 to 3 inch rains.
Corn must balance bearish export sales against bullish weather. Traders remain nervous ahead of Monday's USDA acreage and stocks report estimates.
This mornings weather forecast has not changed must from yesterday. Temps will remain cooler than usual in the next week and there will be a little more rain than farmers would like. Drier conditions will hit mid next week for a few days but not long enough to dry things out. Overnight, southeastern IA, northeastern MO, and northern IA received 1 to 3 inch rains.
