eCBOT Close/Early Call
eCBOT grains closed mostly lower Thursday with wheat around 3c easier, corn unchanged to -1c and soybeans around 6c lower.
Prices had a slightly softer tone as investors remained cautious amid concerns about demand for commodities, despite the Senate passing the $700 billion rescue plan.
Some analysts said the bailout package might eventually prove bullish for commodities as it may improve liquidity.
Early calls for this afternoon's CBOT session: Corn futures are expected to open 1 to 2 lower; soybeans 4 to 6 lower; wheat 3 to 5 lower.
Prices had a slightly softer tone as investors remained cautious amid concerns about demand for commodities, despite the Senate passing the $700 billion rescue plan.
Some analysts said the bailout package might eventually prove bullish for commodities as it may improve liquidity.
Early calls for this afternoon's CBOT session: Corn futures are expected to open 1 to 2 lower; soybeans 4 to 6 lower; wheat 3 to 5 lower.
