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

Early calls for commodities

06/15/2011 @ 7:41am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, June 15, 2011 are mostly higher. Corn is seen opening 4-6 cents lower, soybeans and wheat 1-2 cents higher. 

In overnight electronic trading, the July corn futures contract traded 4 3/4 cents lower at $7.50 3/4 per bushel. The July soybean futures contract traded 1/2 of a cent higher at $13.68 1/2 per bushel. The July wheat futures contract traded 1/2 of a cent higher at $7.31 3/4. For July soymeal futures, the contract traded $0.20 lower at $358.50 and July soyoil $0.22 higher at $57.07.

The outside markets are not supportive for Wednesday's grain trade. The real factors driving the mostly higher early calls are the slightly higher overnight markets.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Holiday Profit Taking Pressures Markets