With stronger overnight markets, combined with support from the outside markets such as a lower U.S. Dollar, the CME Group soybean, corn, and wheat markets are looking at a higher opening Tuesday.  

The Early Calls for the commodities on Tuesday, April 24, 2012, are higher. 

Corn is seen opening 2-4 cents higher, soybeans 10-12 cents higher and wheat 5-7 cents higher.

In overnight trading, the July corn futures contract traded 1 3/4 cents higher at $6.14 1/4 per bushel. July soybean futures traded 10 cents higher at $14.51 per bushel, and July wheat traded 5 1/4 cents higher at $6.37 3/4. For July soybean meal futures, the contract traded $4.90 per short ton higher at $408.60. July soybean oil futures traded $0.03 higher at $55.79.

The outside markets are friendly for Tuesday's grain trade. The real factors driving the calls will be the higher overnight market

Discuss the corn, soybean and wheat markets in Marketing Talk.