Home / Markets / Markets Analysis / Corn market / Early calls for corn, wheat, and soybeans

Early calls for corn, wheat, and soybeans

10/06/2010 @ 7:17am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, October 6, 2010 are mixed.  Corn is seen opening 1-2 cents higher to 1-2 lower, soybeans 1-2 lower, and wheat 1-2 cents higher. 

In overnight electronic trading, the Dec. corn futures contract traded 3/4 of a cent lower at $4.90 1/4 per bushel. The Nov. soybean futures contract traded 1 cent lower at $10.70 3/4 per bushel. The Dec. wheat futures contract traded 1 cent higher at $6.64 1/2. For Dec. soymeal futures, the contract traded $1.50 per short ton lower at $297.80, and Dec. soyoil up $0.18 at $44.00.

The outside markets are not supportive for Wednesday's grain trade. The real factors driving the mixed early calls are the slightly lower overnight markets. 

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