date:May 17, 2013
soybeans traded 5 cents higher at $12.14.
The July wheat traded 3 cents higher at $6.96. For July soybean meal futures, the contract traded 50 cents per short ton higher at $411.00. The July soybean oil futures traded 7 cents higher at $49.42.
The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the slightly higher overnight markets.