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The Early Calls for the commodities on Thursday, October 4, 2012, are higher. Corn is seen opening 5-7 cents higher, soybeans 15-17 cents higher, and wheat 3-5 cents higher.
In overnight trading, the Dec. corn traded 5 cents higher at $7.62. Nov. soybean futures traded 15 cents higher at $15.46 per bushel. Dec. wheat futures traded 2 3/4 cents higher at $8.75.
The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the higher overnight markets.