date:Aug 10, 2012
il futures traded $0.24 higher at $52.63.
The outside markets are mostly unfavorable forThursday's grain trade. The real factors driving the calls will be the higher overnight markets.
USDA releases neutral-to-friendly Weekly Export Sales Thursday.
For corn, sales were totaled at 1.103 million metric tons vs. the trade's expectation of 1.0-2.0 mt.
Soybean exports, as of Sunday, were estimated at 300,600 mt vs. the trade's expectation of 200,000-450,000 mt.
USDA pegged U.S. wheat sales at 665,000