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

Early calls for corn, wheat, and soybeans

12/01/2010 @ 7:42am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, December 1, 2010 are mostly higher. Corn is seen opening 4-6 cents higher, soybeans 12-14 cents higher and wheat up 20-21 cents. 

In overnight electronic trading, the March corn futures contract traded 7 1/2 cents higher at $5.51 1/2 per bushel. The Jan. soybean futures contract traded 15 cents higher at $12.58 per bushel. The March wheat futures contract traded 23 3/4 cents higher at $7.14 1/4. For Jan soymeal futures, the contract traded $0.10 per short ton higher at $341.70, and Jan. soyoil up 0.67 at $51.67.

The outside markets are very supportive for Wednesday's grain trade. The real factors driving the higher early calls are the sharply higher overnight markets. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 13¢ Lower By: 07/22/2014 @ 9:17am DES MOINES, Iowa (Agriculture.com)--After starting higher, the CME Group corn, soybean and wheat…

Stronger Farm Markets Seen Tuesday By: 07/22/2014 @ 7:41am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start…

USDA Confirms Ideal Crop Conditions By: 07/21/2014 @ 8:36am DES MOINES, Iowa (Agriculture.com)--Ideal crop weather sent CME Group soybean futures to a…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
"Turnaround Tuesday" Fades