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 +

Rangebound Corn Market Ends Higher By: 07/30/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group corn and wheat markets stayed…

Soybean, Corn Markets To Dip Wednesday By: 07/30/2014 @ 7:43am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans, Wheat Close Double-Digits Lower By: 07/29/2014 @ 3:12pm On Tuesday, the CME Group soybean market took back some of the gains from yesterday.At the close…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Trumps Demand