Early calls for corn, wheat, and soybeans
CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities are lower Wednesday, November 10, 2010. For soybeans and wheat, the opening prices are seen 4-6 cents lower. For corn, the prices are seen starting 2-4 cents lower, traders say.
In addition, overnight electronic trading, the Dec. corn futures contract is 4 3/4 cents lower at $5.71 1/2 per bushel. The Jan. soybean futures contract is 6 cents lower at $13.23 per bushel. The Dec. wheat futures contract traded 6 cents lower at $7.15 3/4. For Dec. soymeal futures, the contract traded $3.20 per short ton lower at $359.10, and Dec. soyoil down 0.01 at $53.39.