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

Early calls for corn, wheat, and soybeans

12/03/2010 @ 7:39am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Friday, December 3, 2010 are higher. Corn is seen opening 5-7 cents higher, soybeans 5-7 cents higher and wheat up 17-19 cents. 

In overnight electronic trading, the March corn futures contract traded 7 cents higher at $5.62 1/2 per bushel. The Jan. soybean futures contract traded 4 3/4 cents higher at $12.92 1/2 per bushel. The March wheat futures contract traded 22 1/4 cents higher at $7.70 1/44. For Jan soymeal futures, the contract traded $2.20 per short ton higher at $347.90, and Jan. soyoil up 0.20 at $53.04.

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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Farm Markets Close Higher Wednesday By: 10/01/2014 @ 8:49am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group’s corn, soybean, and wheat…

Corn, Soybean Markets Seen Weaker Wednesday By: 10/01/2014 @ 7:29am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start…

USDA Bullish Soybean Data Trumped By: 09/30/2014 @ 10:54am As of September 1, the USDA sees the U.S. soybean and corn stocks getting tighter.In its Quarterly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Pre-Harvest Checklist