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Early calls: Overnight grain slide eases

Jeff Caldwell 10/26/2012 @ 7:54am Multimedia Editor for Agriculture.com and Successful Farming magazine.

Losses mounted early, then eased toward the start of Friday as tight world grain supplies and global economic worries tugged prices back and forth in the overnight trade.

Early calls are 2 to 4 cents lower for soybeans, 1 to 3 cents lower for corn, and 1 to 3 cents higher for wheat, according to private sources.

At 7:39 AM CST, December corn was 1/4 cent lower at $7.41 3/4 per bushel, while November soybeans were 4 3/4 lower at $15.61 1/4, and December wheat was 1 cent higher at $8.73 3/4.

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Contract-spreading sends old-crop corn, soybeans down, new-crop higher
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