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

Early calls for commodities

04/01/2011 @ 7:48am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Friday, April 1, 2011 are higher. Corn is seen opening 25-30 cents higher (old-crop), soybeans 2-4 cents higher, and wheat 1-2 cents higher. 

In overnight electronic trading, the May corn futures contract traded 41 1/2 cents higher at $7.34 3/4 per bushel. The May soybean futures contract traded 5 cents lower at $14.05 1/4 per bushel. The May wheat futures contract traded 1/4 of a cent higher at $7.63 1/2. For May soymeal futures, the contract traded $1.70 lower at $369.00, and May soyoil $0.13 lower at $58.65.

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Grains, Soybeans Mixed to Close Thursday By: 07/02/2015 @ 8:56am Grains and soybeans were mixed to close the day Thursday. At the open, the September corn…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-Happy Landlords
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]