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

Early calls for corn, wheat, and soybeans

11/22/2010 @ 7:37am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, November 22, 2010 are higher. Corn is seen opening 2-4 cents higher, soybeans 6-8 cents higher and wheat up 3-5 cents. 

In overnight electronic trading, the Dec. corn futures contract traded 2 cents higher at $5.22 3/4 per bushel. The Jan. soybean futures contract traded 8 1/2 cents higher at $12.10 per bushel. The Dec. wheat futures contract traded 3 1/21cents higher at $6.48. For Jan. soymeal futures, the contract traded $3.50 per short ton lower at $330.80, and Jan. soyoil up 0.10 at $49.40.

The outside markets are mildly supportive for Monday's grain trade. The real factors driving the higher early calls are the higher overnight markets and an expected weaker U.S. Dollar. 

Due to the Thanksgiving holiday, the short-trading week is expected to see volatility and positioning ahead of Thursday.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Wheat Prices Gain Strength Friday By: 03/27/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)—On Friday, the CME Group wheat market closed higher on a lack…

Corn, Soybean Markets Seen Lower Friday By: 03/27/2015 @ 7:39am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Corn, Soybeans Ended Lower Thursday By: 03/26/2015 @ 9:05am DES MOINES, Iowa (Agriculture.com)—On Thursday, the CME Group corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Seeds
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]