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Early calls for commodities

09/23/2011 @ 7:04am

DES MOINES, Iowa (Agriculture.com) The Early Calls for commodities are mostly lower Friday, September 23, 2001.

The pre-opening prices for corn are seen 2-3 cents lower,  wheat 2-4 cents higher, and soybeans 10-12 cents lower. 

In overnight electronic trading, the Dec. corn futures contract traded 4 cents lower at $6.46 per bushel. The Nov. soybean futures contract traded 14 cents lower at $12.69 per bushel. The Dec. wheat futures contract traded 4 1/2 cents higher at $6.38 1/4. For Dec. soymeal futures, the contract traded $2.20 per short ton lower at $332.90 and Dec. soyoil $0.83 lower at $53.11. 

The outside markets are not supportive for Friday's grain trade. The real factors driving the calls are the mostly lower overnight markets.


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