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

Early calls for commodities

03/28/2011 @ 7:38am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, March 28, 2011 are higher. Corn is seen opening 3-5 cents higher, soybeans 7-9 cents higher, and wheat 3-4 cents higher. 

In overnight electronic trading, the May corn futures contract traded 5 cents higher at $6.94 1/2 per bushel. The May soybean futures contract traded 9 3/4 cents higher at $13.68 per bushel. The May wheat futures contract traded 4 1/4 cents higher at $7.37 1/2. For May soymeal futures, the contract traded $2.40 higher at $359.60, and May soyoil $0.12 higher at $56.96.

The outside markets are not supportive for Monday's grain trade. The real factors driving the higher early calls are the higher overnight markets.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Day, Month On A Rally By: 10/31/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)—A buying frenzy, at the close Friday, pushed up the CME Group…

Lower Farm Markets Seen For Friday By: 10/31/2014 @ 8:13am On Friday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes