eCBOT Close/Early Call

Having traded either side of unchanged for most of the morning eCBOT session a late sell-off ensued in the last half hour to send most products to close at or near session lows.

August beans closed 4c lower, but other active months ended with losses of around 9c. Wheat dipped late to close around 2c easier and corn around 5c lower.

Crude has dipped just under the $126/barrel mark, around 80c under last night's close.

Early calls on this afternoon's session are: Corn futures are expected to open 3 to 5 lower; soybeans 7 to 9 lower; wheat 1 to 2 lower.