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

Early calls for commodities

05/16/2011 @ 7:14am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, May 16, 2011 are higher. Corn is seen opening 6-7 cents higher, soybeans 1-2 cents higher, and  wheat 8-10 cents higher. 

In overnight electronic trading, the July corn futures contract traded 8 1/2 cents higher at $6.90 1/2 per bushel. The July soybean futures contract traded 1 3/4 cents higher at $13.31 1/4 per bushel. The July wheat futures contract traded 8 1/4 cents higher at $7.36. For July soymeal futures, the contract traded $1.60 higher at $347.00 and July soyoil $0.06 higher at $56.20.

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans, wheat end up double-digits By: 04/15/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group soybean market closed double-digits…

Mostly lower corn, wheat markets seen By: 04/15/2014 @ 8:03am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start mixed. The…

Soybeans, corn close higher By: 04/14/2014 @ 8:41am DES MOINES, Iowa (Agriculture.com)--With snow falling in Iowa, cold temperatures for other…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Farm markets Rally on Weather, Ukraine