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 +

Malaysian Airliner Crash in Ukraine Sends… By: 07/17/2014 @ 2:34pm Wheat futures took off Thursday afternoon to close double-digits higher after news that officials…

Wheat Takes The Reins To Trade Sharply By: 07/17/2014 @ 1:13pm The bouncing around continues in the grain markets, with a quick, sharp turnaround in the wheat…

Corn Slips Despite Strong Export Sales Data By: 07/17/2014 @ 10:27am Soybean futures are in the black while corn and wheat have both moved into the red as near-perfect…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Pounds Farm Markets