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

Early calls for commodities

06/17/2011 @ 7:30am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Friday, June 17, 2011 are higher. Corn is seen opening 10-12 cents higher, soybeans 4-6 cents higher and wheat 8-10 cents higher. 

In overnight electronic trading, the July corn futures contract traded 11 1/2 cents higher at $7.13 per bushel. The July soybean futures contract traded 5 cents higher at $13.55 1/2 per bushel. The July wheat futures contract traded 6 3/4 cents higher at $6.80. For July soymeal futures, the contract traded $2.90 higher at $356.60 and July soyoil $0.03 higher at $56.35.

The outside markets are mildly supportive for Friday's grain trade. The real factors driving the stronger early calls are the higher overnight markets.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybean, Corn Markets To Dip Wednesday By: 07/30/2014 @ 7:43am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans, Wheat Close Double-Digits Lower By: 07/29/2014 @ 3:12pm On Tuesday, the CME Group soybean market took back some of the gains from yesterday.At the close…

China Corn Ban Frustrates U.S. Industry By: 07/29/2014 @ 2:29pm How can the U.S. regain the China corn import market? That's the question asked and topic…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Scott Shellady: Options 101