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

Early calls for commodities

05/24/2011 @ 7:50am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, May 24, 2011 are mostly lower. Corn is seen opening 3-5 cents lower, soybeans 5-7 cents higher, and wheat 5-6 cents lower. 

In overnight electronic trading, the July corn futures contract traded 5 cents lower at $7.49 per bushel. The July soybean futures contract traded 6 1/2 cents lower at $13.80 1/4 per bushel. The July wheat futures contract traded 6 cents lower at $7.97. For July soymeal futures, the contract traded $2.50 higher at $361.30 and July soyoil $0.19 higher at $57.41.

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Stay Firm Wednesday By: 05/27/2015 @ 8:58am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's soybean market finished off…

Corn Seen Lower, Soybeans Higher Wednesday By: 05/27/2015 @ 7:31am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start…

Strong Dollar Pushes Corn, Soybeans To Lower… By: 05/26/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, 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.
The 'A' List: Inverse Grain Market Trends and Wheat Trouble
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]