Heat wave coming to upper US as expected
If we trade US weather, look for a stronger opening
Was in four states over the weekend and fields look good.
Opening calls:
Soybeans 1 to 5 lower
Soybean meal $1-$2 higher
Soybean oil 50-100 lower (Palm oil was down hard)
Corn steady to 2 higher
Chicago wheat steady to 5 lower
KC Wheat 2-6 lower
MN Wheat 3-7 lower
By Megan Durisin
(Bloomberg)
