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

Early calls for commodities

03/24/2011 @ 6:17am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Thursday, March 24, 2011 are mostly higher. Corn is seen opening 1-2 cents higher, soybeans 2-4 cents higher, and wheat 1-2 cents lower. 

In overnight electronic trading, the May corn futures contract traded even at $6.81 per bushel. The May soybean futures contract traded 3 cents higher at $13.54 1/4 per bushel. The May wheat futures contract traded 1 1/2 cents lower at $7.12 3/4. For May soymeal futures, the contract traded $0.20 higher at $362.00, and May soyoil $0.07 higher at $55.55.

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

In addition, the USDA Weekly Export Sales will be released at 7:30am CST. 


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Holiday Profit Taking Pressures Markets