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

Early calls for commodities

06/10/2011 @ 7:19am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Friday, June 10, 2011 are lower. Corn is seen opening 3-5 cents lower, soybeans 5-7 cents lower, and wheat 3-5 cents lower. 

In overnight electronic trading, the July corn futures contract traded 3 1/2 cents lower at $7.82 per bushel. The July soybean futures contract traded 8 3/4 cents lower at $13.85 per bushel. The July wheat futures contract traded 4 1/2 cents lower at $7.40 1/2. For July soymeal futures, the contract traded $1.90 lower at $371.00 and July soyoil $0.36 lower at $57.04.

The outside markets are not supportive for Friday's grain trade. The real factors driving the lower early calls are the weaker overnight markets.


CancelPost Comment
MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Old-crop weakness, new-crop strength continues
MORE FROM MIKE MCGINNIS more +

Corn, soybeans close mixed By: 05/21/2013 @ 8:36am DES MOINES, Iowa (Agriculture.com)--With the exception of a rally in old-crop soybeans, the CME ...

Grains to trade mixed Tuesday By: 05/21/2013 @ 7:33am The CME Group's corn, soybean, and wheat contracts are seen mixed-to-mostly lower ...

New corn, old beans close higher By: 05/20/2013 @ 8:37am DES MOINES, Iowa (Agriculture.com)--The spreading of old crop vs. new crop contracts pushed the ...