Tuesday, November 25, 2014 12:48PM CST
White House spokesman Josh Earnest on Monday said in his daily briefing that the White House would "strongly oppose" a tax package for corporations, but not specific tax breaks for businesses. Sen. Charles Grassley called the tax-extenders package an important measure to help businesses and the economy.
December corn is up 2 1/4 cents, November soybeans are up 1 3/4 cents, and December Chicago wheat is up 4 1/4 cents.
The cattle complex seems likely to open moderately higher, supported by short-covering and cash premiums. Hog contracts are set to begin some lower, checked by spillover selling and defensive carcass value.