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

Early calls for corn, wheat, and soybeans

12/08/2010 @ 7:40am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, December 8, 2010 are lower. Corn is seen opening 3-5 cents lower, soybeans 8-10 cents lower and wheat down 10-12 cents. 

In overnight electronic trading, the March corn futures contract traded 3 3/4 cents lower at $5.58 per bushel. The Jan. soybean futures contract traded 8 1/4 cents lower at $12.77 1/4 per bushel. The March wheat futures contract traded 13 1/2 cents lower at $7.71 1/4. For Jan soymeal futures, the contract traded $2.10 per short ton lower at $342.20, and Jan. soyoil down 0.38 at $53.42.

The outside markets are not as supportive for Wednesday's grain trade. The real factors driving the lower early calls are the lower overnight markets. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA…

Corn, Soybeans End Higher Monday By: 08/31/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market turnaround…

Corn, Soybeans Seen Lower Monday By: 08/31/2015 @ 6:21am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]