date:May 18, 2012
tures traded $0.09 higher at $50.52.
The outside markets are unfavorable for Thursday's grain trade. The real factors driving the calls will be the mixed overnight markets.
USDA releases mild-to-weak Weekly Export Sales for corn and soybeans Thursday.
Weekly corn sales were estimated at 865,100 mt of sales vs. the trade's expectation of 800,000-1.4 million metric tons.
Soybean export sales were recorded at 663,400 mt of sales vs. the trade's expectation of 1.1 million-to-1.6 mmt.
Wheat