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

Early calls for commodities

05/02/2011 @ 7:35am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, May 2, 2011 are mostly lower. Corn and soybeans are seen 2-3 cents lower, and wheat opening 1-2 cents higher. 

In overnight electronic trading, the July corn futures contract traded 4 3/4 cents lower at $7.51 3/4 per bushel. The July soybean futures contract traded 4 3/4 cents lower at $13.89 1/4 per bushel. The July wheat futures contract traded 2 1/2 cents higher at $8.03 3/4. For July soymeal futures, the contract traded $1.40 lower at $362.20, and July soyoil $0.28 lower at $58.30.

The outside markets are partially supportive for Monday's grain trade. The real factors driving the mostly lower early calls are the weaker overnight markets.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Open 4¢ Higher Tuesday By: 09/02/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean and wheat…

Corn, Soybeans Seen Starting Higher Tuesday By: 09/02/2014 @ 8:01am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start…

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…

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