The Early Calls for the commodities on Friday, August 31, 2012, are lower. Corn is seen opening 1-2 cents lower, soybeans 5-7 cents lower, and wheat 7- 9cents lower.
In overnight trading, the Dec. corn traded 1 3/4 cents lower at $8.06 3/4. Nov. soybean futures traded 5 1/4 cents lower at $17.58 1/4 per bushel. Dec. wheat futures traded 7 3/4 cents lower at $8.95.
The outside markets are favorable for Friday's grain trade. The real factors driving the calls will be the lower overnight markets.
