The early calls for the commodities on Friday, March 22, 2013, are lower. Corn is seen opening 3-5 cents lower. Soybeans are seen 5-7 cents lower and wheat 1-2 cents lower.In overnight trading, the May corn futures contract traded 3 cents lower at $7.29 per bushel. May soybean futures traded 5 cents lower at $14.43 per bushel, and May wheat traded 3 cents lower at $7.25. For May soybean meal futures, the contract traded $1.70 per short ton lower at $421.20. May soybean oil futures traded $0.04 cents lower at $50.38.
The outside markets are favorable for Friday's grain trade. The real factors driving the calls will be the lower overnight markets.
