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

Early calls for commodities

03/18/2011 @ 7:40am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Friday, March 18, 2011 are sharply higher. Corn is seen opening 22-24 cents higher, soybeans 10-12 cents higher, and wheat 18-20 cents higher. 

In overnight electronic trading, the May corn futures contract traded 25 1/2 cents higher at $6.72 per bushel. The May soybean futures contract traded 6 1/4 cents higher at $13.41 1/2 per bushel. The May wheat futures contract traded 24 1/2 cents higher at $7.34 1/2. For May soymeal futures, the contract traded $0.10 lower at $358.50, and May soyoil $0.92 higher at $55.44.

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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 08/18/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group soybean market finished…

Corn Market Seen Higher Monday By: 08/18/2014 @ 8:08am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Summing Up a Head-Scratcher of a Grain… By: 08/15/2014 @ 12:46pm Traders end the week the same way they started it, by scratching their heads. Confusion reigned…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
CME Group and 4-H's Risk Ranch