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

Early calls for commodities

03/01/2011 @ 7:45am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, March 1, 2011 are higher. Corn is seen opening 2-4 cents higher, soybeans 5-7 cents higher and wheat down 1-2 cents. 

In overnight electronic trading, the May corn futures contract traded 2 cents higher at $7.33 per bushel. The May soybean futures contract traded 7 cents higher at $13.71 3/4 per bushel. The May wheat futures contract traded 1 cent lower at $8.16. For May soymeal futures, the contract traded unchanged at $361.90, and May soyoil $0.37 higher at $57.70.

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA To Show Record Soybean Plantings? By: 03/30/2015 @ 1:46pm Will the biggest USDA Report of the year show that U.S. farmers will plant more soybeans than ever…

Wheat Closes 22¢ Higher Monday By: 03/30/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)—On Monday, a risk-on mentality, poor wheat weather and…

Corn, Soybeans To Edge Higher Monday By: 03/30/2015 @ 7:27am On Monday, the CME Group's corn, soybean and wheat markets are expected to start higher. The…

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

FREE MEMBERSHIP!

CLOSE [X]