date:Sep 15, 2012
The CME Group corn, soybean and wheat markets have plenty of support to start the open outcry trading higher Friday. The Federal Reserves announcement of a Quantitative Easing stimulus package is sparking a broad-based buying frenzy.
The Early Calls for the commodities on Friday, September 14, 2012, are higher. Corn is seen opening 7-9 cents higher, soybeans 11-13 cents higher, and wheat 12-14 cents higher.
In overnight trading, the Dec. corn futures contract traded 7 cents higher at $7.80 3/4