Home / Markets / Markets Analysis / Corn market / Corn seen leading grains higher

Corn seen leading grains higher

Jeff Caldwell 04/13/2011 @ 8:24am Multimedia Editor for Agriculture.com and Successful Farming magazine.

The grains are expected to open on the higher side Wednesday, analysts say.

Early calls for the grains are corn up 6-8, wheat up 5-7 and soybeans up 8-10, according to private sources.

Corn's expected to lead the charge Wednesday after a mostly higher overnight trade, as traders continue to move prices amid continued anxiety about tight grain supplies, according to a Dow Jones Newswires report.

Add to that some concerns about planting weather in the Midwest turning cooler and wetter over the next week and there's more room for upside, though it's far from unlimited at this point. Namely, the prospect of livestock producers cutting corn use, thereby trimming demand, remains the biggest potential detractor.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

Planting Date, Yield Implications & What… By: 05/22/2015 @ 2:22pm Most of this year's corn crop is planted. But, the remaining acres may not be the easiest to…

Weekend Market Volatility, Planting Nerves:… By: 05/22/2015 @ 1:13pm Long Weekend Can Mean Market VolatilityAfter several corn and soybean contracts mad new lows this…

The [A] List: 3 Big Things This Morning… By: 05/22/2015 @ 6:22am Wheat's leading the way headed into Friday's trade.Though there are some technical…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Update - Late May, Early June
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]