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

Early calls for corn, wheat, and soybeans

08/31/2010 @ 7:39am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, August 31, 2010 are mostly lower. The early calls for corn are 2-4 cents lower, soybeans 7-9 lower and wheat up 1-2 cents. 

In overnight electronic trading, the Dec. corn futures contract traded 2 1/2 cents lower at $4.39 per bushel. The Nov. soybean futures contract traded 8 1/2 cents lower at $10.14 per bushel. The Dec. wheat futures contract traded 1 1/2 cents higher at $7.06. For Dec. soymeal futures, the contract traded $1.40 per short ton lower at $297.30, and Dec. soyoil down 0.38 point at $40.15.

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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA Confirms Ideal Crop Conditions By: 07/21/2014 @ 8:36am DES MOINES, Iowa (Agriculture.com)--Ideal crop weather sent CME Group soybean futures to a…

Farm Markets Seen Dropping Monday By: 07/21/2014 @ 6:40am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

Grains Spend Week Fighting to Move Higher By: 07/18/2014 @ 1:26pm After heavy pressure for most of July, the farm markets have been trying to use short-covering and…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Pounds Farm Markets