eCBOT Close/Early Call
eCBOT grains closed higher overnight with soybeans up around 28-29c, wheat up around 10c and corn 8c firmer.
Grains were steadier as the trade digested yesterdays revised October planting and production figures from the USDA.
Other steadying influences were firmer crude oil prices, a weaker dollar and falling freight rates.
On the wheat front Egypt is seeking at least 55,000 metric tons of wheat at a tender today.
Early calls for this afternoons CBOT session: Corn futures are expected to open 7 to 10 higher; soybeans 25 to 30 higher; wheat 7 to 10 higher.
Grains were steadier as the trade digested yesterdays revised October planting and production figures from the USDA.
Other steadying influences were firmer crude oil prices, a weaker dollar and falling freight rates.
On the wheat front Egypt is seeking at least 55,000 metric tons of wheat at a tender today.
Early calls for this afternoons CBOT session: Corn futures are expected to open 7 to 10 higher; soybeans 25 to 30 higher; wheat 7 to 10 higher.
