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

Early calls for corn, wheat, and soybeans

08/24/2010 @ 7:33am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, August 24, 2010 are lower. The early calls for corn are 7-9 cents lower, soybeans down 4-6 cents and wheat 7-9 lower.

In overnight electronic trading, the Dec. corn futures contract traded 9 1/2 cents lower at $4.23 1/4 per bushel. The Nov. soybean futures contract traded 6 1/4 cents lower at $9.99 1/4 per bushel. The Dec. wheat futures contract traded 11 1/4 cents lower at $7.14 1/4. For Dec. soymeal futures, the contract traded $1.90 per short ton lower at $293.00, and Dec. soyoil down 0.15 point at $39.67.

The outside markets are not supportive for Tuesday's grain trade. The real factor driving the lower early calls are the lower overnight markets. The U.S. and world equities could pressure the grains today, traders say.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 08/18/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group soybean market finished…

Corn Market Seen Higher Monday By: 08/18/2014 @ 8:08am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Summing Up a Head-Scratcher of a Grain… By: 08/15/2014 @ 12:46pm Traders end the week the same way they started it, by scratching their heads. Confusion reigned…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Can Corn Catch Fire in September?