Home / Markets / Markets Analysis / Corn market / Early calls for commodities

Early calls for commodities

02/02/2011 @ 7:45am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, February 2, 2011 are higher. Corn is seen opening 4-6 cents higher, soybeans 6-8 cents higher and wheat up 10-12 cents. 

In overnight electronic trading, the March corn futures contract traded 4 1/2 cents higher at $6.70 1/2 per bushel. The March soybean futures contract traded 8 cents higher at $14.46 per bushel. The March wheat futures contract traded 14 1/2 cents higher at $8.50 1/4. For March soymeal futures, the contract traded $0.63 per short ton lower at $389.40, and March soyoil up 0.26 at $58.98.

The outside markets are mildly supportive for Wedneday's grain trade. The real factors driving the higher early calls are the higher overnight markets. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Wheat Closes 11¢ Lower By: 04/24/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean, and wheat…

Lower Farm Markets Seen For Friday By: 04/24/2015 @ 7:40am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

Soybeans Finish Off Daily Highs By: 04/23/2015 @ 9:04am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's  soybean market rallied…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Disc openers
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]