eCBOT Close/Early Call
Grains closed mostly lower on the overnight eCBOT market, with soybeans ending the session 7c lower, wheat down 4c and corn down around 2 1/2c.
Crude is back below $54/barrel, paring yesterday's gains of almost 10 percent, at $53.06.
With European stocks opening lower, and the Thanksgiving Day holiday looming, trade looks like turning quieter for the rest of the week.
Jordan is tendering for 100,000mt wheat. Japan has cancelled it's normal weekly tender, presumably due to the US holiday.
Quality concerns are evident in eastern areas as the Australian harvest progresses. The weather in Argentina also remains a worry.
US consumer confidence is likely to be the lowest on record when that is announced before the bell at 1500GMT this afternoon.
Early calls for this afternoon's CBOT session: Corn futures are expected to open steady to 3 lower; soybeans 5 to 8 lower; wheat 5 to 8 lower.
Crude is back below $54/barrel, paring yesterday's gains of almost 10 percent, at $53.06.
With European stocks opening lower, and the Thanksgiving Day holiday looming, trade looks like turning quieter for the rest of the week.
Jordan is tendering for 100,000mt wheat. Japan has cancelled it's normal weekly tender, presumably due to the US holiday.
Quality concerns are evident in eastern areas as the Australian harvest progresses. The weather in Argentina also remains a worry.
US consumer confidence is likely to be the lowest on record when that is announced before the bell at 1500GMT this afternoon.
Early calls for this afternoon's CBOT session: Corn futures are expected to open steady to 3 lower; soybeans 5 to 8 lower; wheat 5 to 8 lower.
