date:Jun 01, 2012
The Early Calls for the commodities on Thursday, May 31, 2012, are lower, due to Midwest rainfall and end-of-month trader selling.Corn is seen opening 1-2 cents higher, soybeans 1-2 cents lower, and wheat 2-4 cents lower.
In overnight trading, the July corn futures contract traded 1 cent higher at $5.60 1/2 per bushel. July soybean futures traded 1 cent lower at $13.72 1/4 per bushel, and July wheat traded 2 cents lower at $6.51. For July soybean meal futures, the contract traded $2.10 per shor