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

Early calls for the commodities

03/10/2011 @ 6:56am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Thursday, March 10, 2011 are subject to the USDA March Supply/Demand Report Thursday to be released at 7:30am CST. 

In overnight electronic trading, the May corn futures contract traded 10 1/4 cents lower at $6.90 3/4 per bushel. The May soybean futures contract traded 14 1/2 cents lower at $13.34 1/2 per bushel. The May wheat futures contract traded 4 1/2 cents lower at $7.54 3/4. For May soymeal futures, the contract traded $1.50 lower at $351.40, and May soyoil $0.90 lower at $56.22.

The outside markets are not supportive for Thurday's grain trade. The real factors driving the early calls are the USDA Supply/Demand numbers and the weak overnight markets. 


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Farm Markets Remain Lower Thursday By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets remain under selling pressure…

Corn, Wheat To Trade Higher Thursday By: 10/30/2014 @ 7:44am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 35¢ Higher Wednesday By: 10/29/2014 @ 9:12am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group soybean complex ended on a sharp…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?