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

Early calls for commodities

05/19/2011 @ 7:37am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Thursday, May 19, 2011 are higher. Corn is seen opening 6-8 cents higher, soybeans 2-4 cents higher, and  wheat 10-12 cents higher. 

In overnight electronic trading, the July corn futures contract traded 6 1/2 cents higher at $7.56 1/4 per bushel. The July soybean futures contract traded 3 cents higher at $13.83 per bushel. The July wheat futures contract traded 10 cents higher at $8.27. For July soymeal futures, the contract traded $2.10 higher at $363.10 and July soyoil $0.25 higher at $57.55.

The outside markets are very supportive for Thursday'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.
Improving Soil Health