6:00 a.m. CME Globex:
Corn 3 cents higher, soybeans 11 3/4 cents higher, and wheat 4 3/4 cents higher.
CME Globex Recap:
Soybeans continued their higher surge overnight, pulling corn and wheat prices up with them. Concern about Brazil's crop of soybeans could drive commercial business to the U.S. for several months yet. Whatever the cause, fresh six-week highs were reached and the chart's upward momentum has been maintained. Outside markets are in contrast to the grains' gains, with stock futures showing a pullback, most other commodities falling, and the U.S. dollar index higher.
The Dow Jones Industrial ...