U.S wheat futures are expected open 8 to 9- cents higher after trading sharply lower earlier this week. The higher trade comes on concerns that Russia’s grain sales could fall short of projections when the country resumes exports next month.
Soybean futures are called to open 3 to 5 cents higher in line with the trend in Globex trade. Soybeans are receiving support on worries about planting delays due to poor weather in the Canadian canola regions and drought threatening Europe’s rapeseed crop.
Corn futures are expected to open steady as ongoing weather troubles are balanced by worries of weaker demand.