MARKET COMMENTARY
AM Comments 10/02/14
Thursday, October 2, 2014, 8:10 AMSubmitted by: Dustin Weiner
It looks like another quiet day in the grain markets with corn and soybean futures both trading slightly lower overnight while wheat is trading higher. Yield estimates are still on the rise as another private company was out yesterday afternoon projecting that the U.S. soybean crop will be over 4 billion bushels and the corn crop will be near 15 billion bushels. Big numbers without a doubt.
Opening Calls
Corn steady to 1c lower
Soybeans 1 to 3c lower
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