6:00 a.m.CME Globex:
Corn 1 cent lower, soybeans 8 cents lower, and wheat 1 cent lower.
CME Globex Recap:
Soybeans took the downward lead overnight, posting solid double-digit losses, while corn and wheat contracts were only modestly lower. Pressure in the bean complex could be coming from ideas Tuesday's WASDE projections for South America were underestimated. Outside markets were mostly bullish with gold, crude oil, and Dow Jones Industrial Average futures posting gains, while the U.S. dollar index was lower.
The Dow Jones Industrial Average closed 78.56 points higher Tuesday at 13,248.44. The overnight session saw the Dow ...