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 +

Outlook: Harvest Weather Seen Favorable… By: 09/19/2014 @ 11:47am At least one thing is clear. The Midwest frost threat is no longer a worry, through early October…

Soybeans, Wheat Drop Double-Digits By: 09/19/2014 @ 8:38am DES MOINES, iowa (Agriculture.com)—Big yields, favorable weather, held the CME Group’s corn…

All Farm Markets Seen Weaker Friday By: 09/19/2014 @ 7:31am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Improving Soil Health