date:May 09, 2012
The Early Calls for the commodities on Tuesday, May 8, 2012, are higher.Corn and wheat are seen opening 5-7 cents higher, soybeans 2-4 cents higher.
In overnight trading, the July corn futures contract traded 7 1/2 cents higher at $6.27 1/2 per bushel. July soybean futures traded 2 1/4 cents higher at $14.68 per bushel, and July wheat traded 7 1/4 cents higher at $6.19 1/4. For July soybean meal futures, the contract traded $0.70 per short ton higher at $427.20. July soybean oil futures trade