6:00 a.m. CME Globex:
Corn 1/4 cent lower, soybeans 1 cent lower (November), and wheat 6 cents higher.
CME Globex Recap:
The cash market meltdown in soybeans continued Thursday evening, leading to another round of pressure in the August contract during the overnight session. However deferred contracts, along with corn and wheat, were able to stabilize through early Friday morning. The rally in some contracts is still tentative and could be erased by the close of the session. Outside commodities are mostly lower despite continued pressure in the U.S. dollar index.
The Dow Jones Industrial Average closed 13.37 ...