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Groups seek repeal of Estate Tax

Nearly 60 organizations including the American Farm Bureau Federation sent a joint letter to Congress this week supporting repeal of the estate tax.

Corn futures open the Wednesday session with most contracts 1 to 4 cents lower, seeing continued selling pressure. Corn opens up in CBOT $3.66 down 4 cents.

Wheat futures saw another round of losses on Tuesday in most winter wheat contracts, this morning they’re steady to 6 cents lower. MPLS was 2 cents higher.CBOT wheat opens up at $4.60 down down 6 cents.