Home / Markets / Markets Analysis / Corn market / Corn, beans look to open slightly lower

Corn, beans look to open slightly lower

Jeff Caldwell 11/17/2010 @ 7:17am Multimedia Editor for Agriculture.com and Successful Farming magazine.

The CME Group grains look to start Wednesday's trade on the mixed to mostly lower side, though losses may not be as sharp as Tuesday's session.

Early calls are corn 4-6 cents lower, soybeans 14-16 lower and wheat 4-6 higher, according to private sources.

As of 6:15 AM CST in the overnight electronic trade, December 2010 corn was 4 1/2 lower at $5.22 per bushel, while January soybeans were 18 3/4 at $12.01, according to a report from Dow Jones Newswires. December wheat was 4 1/2 cents higher at $6.30 3/4.

"Pretty wild overnight market," says Agriculture.com Marketing Talk member nwobcw. It might even open at yesterday's close if it keeps up."




CancelPost Comment
MORE FROM JEFF CALDWELL more +

3 Things to Watch This Morning, Monday… By: 03/02/2015 @ 6:27am Brazilian rain delays could fuel higher soybean prices today. It's been bone-dry in much of…

All Around #Classic15: Commodity Classic… By: 02/27/2015 @ 2:42pm Temperatures are about 50 to 70 degrees warmer in Phoenix, Arizona, than they are in much of corn…

From #Classic15: Comodity Group, USDA… By: 02/27/2015 @ 2:24pm Labeling is a hot topic on the consumer-facing side of the food and feed production industry. Now…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Brazilian Rain and US Planting Outlook
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]