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 was 1/2 cent lower, January soybeans 5 cents higher, and December Chicago wheat 2 cents lower.
Look for live and feeder futures to open higher, supported by short-covering and the premium status of cash market. Lean hog contracts should also begin on a firm basis thanks to spillover buying and ideas of improving fundamentals.