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

Early calls for commodities

05/25/2011 @ 7:47am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, May 25, 2011 are higher. Corn is seen opening 3-5 cents higher, soybeans 6-8 cents higher, and  wheat 3-5 cents higher. 

In overnight electronic trading, the July corn futures contract traded 4 1/2 cents higher at $7.37 3/4 per bushel. The July soybean futures contract traded 8 3/4 cents higher at $13.81 per bushel. The July wheat futures contract traded 3 1/2 cents higher at $7.83 1/4. For July soymeal futures, the contract traded $0.40 higher at $359.60 and July soyoil $0.40 higher at $57.88.

The outside markets are not as 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 +

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Update - Late May, Early June
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]