Corn May Fall as U.S. Exports Ebb; Soybeans, Wheat Called Lower
What follows are opening calls for U.S. grain and oilseed markets, which resume trading at 5 p.m. on the Chicago Board of Trade.
-- Corn futures are called to open 1 cent to 2 cents a bushel lower after the U.S. Department of Agriculture reported that weekly export sales dropped to the lowest in a month, Dennis DeLaughter, the owner of Progressive Farm Marketing Inc. in Edna, Texas, said in a telephone interview.
-- Soybean futures may open 1 cent to 2 cents a bushel lower, DeLaughter said.
-- Wheat futures may open steady to 1 cent a bushel lower, DeLaughter said.
To contact the reporter on this story: Tony C. Dreibus in Chicago at tdreibus@bloomberg.net.
To contact the editor responsible for this story: Patrick McKiernan at pmckiernan@bloomberg.net
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