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

Early calls for commodities

02/22/2011 @ 7:25am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, February 22, 2011 are sharply lower. Corn is seen opening 8-9 cents lower, soybeans 10-11 cents lower and wheat down 11-12 cents. 

In overnight electronic trading, the March corn futures contract traded 11 1/2 cents lower at $6.98 1/4 per bushel. The March soybean futures contract traded 13 1/2 cents lower at $13.54 1/2 per bushel. The March wheat futures contract traded 15 cents lower at $8.07 1/4. For March soymeal futures, the contract traded $0.20 per short ton lower at $360.00, and Dec. soyoil even at $56.49.

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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn Closes Lower, Soybeans Higher By: 09/17/2014 @ 8:51am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group soybean and wheat markets have…

Corn Soybeans Seen Mixed Wednesday By: 09/17/2014 @ 7:45am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start…

Corn Settled Slightly Higher By: 09/16/2014 @ 8:42am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Farm Science Review, Day Two