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

Early calls for corn, wheat, and soybeans

10/26/2010 @ 8:03am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, October 26, 2010 are lowers. Corn and soybeans are seen opening 4-6 cents lower, and wheat down 1-2 cents. 

In overnight electronic trading, the Dec. corn futures contract traded 6 cents lower at $5.62 3/4 per bushel. The Nov. soybean futures contract traded 5 1/4 cents lower at $12.12 1/2 per bushel. The Dec. wheat futures contract traded 1 1/2 cents lower at $6.72 1/2. For Dec. soymeal futures, the contract traded $2.00 per short ton lower at $332.50, and Dec. soyoil down 0.03 at $49.44.

The outside markets are not supportive for Tuesday's grain trade. The real factors driving the lower early calls are the lower overnight markets and a lower trading U.S. Dollar.  

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

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]