Grain Futures Higher in early trading

Grain Futures are slightly higher in early trading Wednesday. Market talk is now focused on next Monday's release of the USDA monthly Grain reports on January 12th. Some chatter about commercial selling near current levels is starting to show up in Corn and Beans. March Corn is trading higher at 406 1/2 up 1 1/2 cents. July Corn is up 1 1/2 cents at 421 3/4. Soybean Futures are firm in early trading. March Soybeans are up 2 dents at 1057 3/4 . March Soymeal is up 0.4 at 355.5. March Soybean Oil is trading up 0.30 at 33.17. March Chicago Wheat is little changed at 591 3/4 and March Kansas City Wheat is up 1 cent at 632 1/4.