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

Early calls for commodities

05/18/2011 @ 7:07am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, May 18, 2011 are higher. Corn is seen opening 6-8 cents higher, soybeans 2-4 cents higher, and  wheat 7-9 cents higher. 

In overnight electronic trading, the July corn futures contract traded 6 cents higher at $7.26 1/4 per bushel. The July soybean futures contract traded 4 cents higher at $13.45 per bushel. The July wheat futures contract traded 10 1/2 cents higher at $7.74 1/2. For July soymeal futures, the contract traded $0.50 higher at $350.90 and July soyoil $0.49 higher at $56.53.

The outside markets are very supportive for Wednesday's grain trade. The real factors driving the higher early calls are the stronger overnight markets.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Trade Slightly Higher Thursday By: 09/03/2015 @ 9:08am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean, and wheat…

Corn Seen Lower, Soybeans Higher Thursday By: 09/03/2015 @ 7:38am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans, Corn End Weaker By: 09/02/2015 @ 8:55am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]