date:Jul 04, 2012
48 per bushel, and July wheat traded 4 3/4 cents higher at $7.59 1/2. For July soybean meal futures, the contract traded $3.60 per short ton higher at $446.10. July soybean oil futures traded $0.35 higher at $52.53.
The outside markets are slightly favorable for Tuesday's grain trade. The real factors driving the calls will be the sharply higher overnight markets.