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

Early calls for commodities

04/05/2011 @ 7:55am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, April 5, 2011 are mostly lower. Corn is seen opening 1-3 cents lower, soybeans 4-6 cents lower, and wheat 3-5 cents higher. 

In overnight electronic trading, the May corn futures contract traded 3 1/4 cents lower at $7.57 per bushel. The May soybean futures contract traded 8 1/2 cents lower at $13.75 1/2 per bushel. The May wheat futures contract traded 3 3/4 cents higher at $7.93 3/4. For May soymeal futures, the contract traded $2.10 lower at $354.90, and May soyoil $0.16 lower at $58.72.

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Update - Late May, Early June
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]