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

Early calls for commodities

05/10/2011 @ 7:44am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, May 10, 2011 are higher. Corn is seen opening 6-7 cents higher, soybeans 6-8 cents higher, and wheat opening 12-13 cents higher. 

In overnight electronic trading, the July corn futures contract traded 6 cents higher at $7.13 1/2 per bushel. The July soybean futures contract traded 7 3/4 cents higher at $13.42 3/4 per bushel. The July wheat futures contract traded 15 3/4 cents higher at $8.06 1/4. For July soymeal futures, the contract traded $2.20 higher at $352.60 and July soyoil $0.26 higher at $56.55.

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Outlook: Harvest Weather Seen Favorable… By: 09/19/2014 @ 11:47am At least one thing is clear: The Midwest frost threat is no longer a worry (through early October)…

Soybeans, Wheat Drop Double-Digits By: 09/19/2014 @ 8:38am DES MOINES, iowa (Agriculture.com)—Big yields, favorable weather, held the CME Group’s corn…

All Farm Markets Seen Weaker Friday By: 09/19/2014 @ 7:31am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
What is Hybrid Planting?