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

Early calls for commodities

06/14/2011 @ 9:03am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, June 14, 2011 are lower. Corn is seen opening 7-9 cents lower, soybeans 3-5 cents lower, and wheat 2-4 cents lower. 

In overnight electronic trading, the July corn futures contract traded 11 3/4 cents lower at $7.70 3/4 per bushel. The July soybean futures contract traded 5 1/4 cents lower at $13.771 /2 per bushel. The July wheat futures contract traded 2 3/4 cents lower at $7.40 1/4. For July soymeal futures, the contract traded $2.30 lower at $367.80 and July soyoil $0.09 lower at $56.73.

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn, Soybeans To Start September Lower By: 09/01/2015 @ 6:43am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start lower. The…

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA…

Corn, Soybeans End Higher Monday By: 08/31/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market turnaround…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Watch the Machinery Show
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]