Morning Commodities Report from Allendale for August 8, 2012

Posted on August 8, 2012

Crop prices lower in early trading. Probably a little risk off before USDA releases the WASDE report. I prefer no exposure in front of major reports  & earnings releases.

Early trading prices (per bushel unless otherwise stated)

Contract Commodity Last Change
Dec 2012 Corn $7.9625 -0.0425
Sept 2012 Wheat $8.7825 -0.1075
Nov 2012 Soybeans $15.6150 -0.0425
Sept 2012 Soybean Oil (Metric Ton) $51.5900 +0.0700
Sept 2012 Soybean Meal (Metric Ton) $490.7000 -0.9000

AM Commodities Report

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