eCBOT Close/Early Call
eCBOT grains plummeted overnight as the energy markets collapsed with crude oil falling below $106/barrel at one stage as investors shifted their focus to slowing global demand after worries about Hurricane Gustav subsided.
Corn closed 26-30 cents lower, wheat around 34c down and soybeans 65-68c easier.
A broadly firmer dollar is also doing little to support the complex at the moment.
Earliest calls for this afternoon's CBOT session: Corn futures are expected to open 25 to 30 (limit) lower; soybeans 65 to 70 (limit) lower; wheat 30 to 35 lower.
Corn closed 26-30 cents lower, wheat around 34c down and soybeans 65-68c easier.
A broadly firmer dollar is also doing little to support the complex at the moment.
Earliest calls for this afternoon's CBOT session: Corn futures are expected to open 25 to 30 (limit) lower; soybeans 65 to 70 (limit) lower; wheat 30 to 35 lower.