Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Soy, Corn Seen Rising as Isaac May Hurt Crops; Wheat Called Up

Aug. 28 (Bloomberg) -- 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.

-- Soybean futures may open 2 cents to 4 cents a bushel higher on speculation that rain from Hurricane Isaac may cause damage and increase disease in immature crops, Tim Hannagan, a grain specialist at Alpari U.S. LLC in Chicago, said in a telephone interview.

-- Corn futures are called to open 1 cent to 2 cents a bushel higher as rain and wind from Isaac in the next five days threaten yields, Hannagan said.

-- Wheat futures may open steady to 2 cents a bushel higher on speculation that dry weather will reduce Australian production, limiting global supplies, Hannagan said.

To contact the reporter on this story: Jeff Wilson in Chicago at jwilson29@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.