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 +

USDA To Show Record Soybean Plantings? By: 03/30/2015 @ 1:46pm Will the biggest USDA Report of the year show that U.S. farmers will plant more soybeans than ever…

Wheat Closes 22¢ Higher Monday By: 03/30/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)—On Monday, a risk-on mentality, poor wheat weather and…

Corn, Soybeans To Edge Higher Monday By: 03/30/2015 @ 7:27am On Monday, the CME Group's corn, soybean and wheat markets are expected to start higher. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Seeds
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]