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

Early calls for corn, wheat, and soybeans

08/25/2010 @ 7:29am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, August 25, 2010 are higher. The early calls for corn are 1-2 cents higher, soybeans up 2-4 cents and wheat 4-6 higher.

In overnight electronic trading, the Dec. corn futures contract traded 1/4 of a cent higher at $4.20 3/4 per bushel. The Nov. soybean futures contract traded 3 3/4 cents higher at $10.02 3/4 per bushel. The Dec. wheat futures contract traded 4 1/4 cents higher at $7.12. For Dec. soymeal futures, the contract traded $1.90 per short ton higher at $291.60, and Dec. soyoil down 0.10 point at $39.96.

The outside markets are not supportive for Wednesday's grain trade. The real factor driving the higher early calls are the higher overnight markets. The U.S. and world equities could pressure the grains today, again traders say. Asian stocks dropped, as a result of poor U.S. economic news Tuesday. Plus, Ireland's sovereign-debt rating has been lowered.

CancelPost Comment

Soybeans Close 4¢ Higher By: 10/09/2015 @ 9:01am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market closed…

U.S. Grain, Soybean Carryouts Drop By: 10/08/2015 @ 12:19pm DES MOINEA, Iowa (Agriculture.com)--In all cases, the USDA raised the U.S. corn, soybean, and wheat…

WASDE: U.S. Soybean Harvested Acreage Falls By: 10/08/2015 @ 12:02pm DES MOINES, Iowa (Agriculture.com)--The USDA lowered the U.S. 2015 corn and soybean production…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese Notis Midwest Weather Outlook