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 +

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm Low prices cure low prices: Once the prices hit a certain low, the buyers of grain step in and…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
New 6631 Sunflower Vertical Tillage System