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

Early calls for corn, wheat, and soybeans

12/08/2010 @ 7:39am

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 +

Corn Falls On "Confusing" EPA… By: 05/29/2015 @ 10:36am With the EPA announcement on a new Renewable Fuels Standard Friday signaling little growth for the…

Corn Ends Lower On EPA News By: 05/29/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn market finished lower on…

Corn To Move Slightly Higher Friday By: 05/29/2015 @ 7:32am On Friday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The 'A' List: Month's End Markets, Grain Storage, and Farm Policy
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]