Home / Markets / Markets Analysis / Corn market / Early calls for the corn, soybean, and wheat markets

Early calls for the corn, soybean, and wheat markets

08/03/2010 @ 11:00pm

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, August 4, 2010 are sharply higher. The early calls for corn are 5-7 cents higher, soybeans up 5-7 cents and wheat 18-20 cents higher.

In overnight electronic trading, the Dec. corn futures contract traded 4 1/2 cents higher at $4.08 1/2 per bushel. The Nov. soybean futures contract traded 5 3/4 cents higher at $10.23 3/4 per bushel. The Sep. wheat futures contract traded 22 1/4 cents higher at $7.02 1/4. For Dec. soymeal futures, the contract traded $2.50 per short ton higher at $292.50, and Dec. soyoil up 17 points at $41.85.

The outside markets are not supportive for Wednesday's grain trade. The real factor driving the higher early calls is the sharply higher overnight market. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Holiday Profit Taking Pressures Markets