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

Early calls for commodities

07/06/2011 @ 7:41am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, July 6, 2011 are lower. Corn and wheat are seen opening 7-9 cents lower, and soybeans 10-12 cents lower. 

In overnight electronic trading, the Dec. corn futures contract traded 7 1/4 cents lower at $6.05 1/4 per bushel. The Nov. soybean futures contract traded 12 1/4 cents lower at $13.05 3/4 per bushel. The Sep. wheat futures contract traded 10 1/2 cents lower at $6.25. For Dec. soymeal futures, the contract traded $3.30 lower at $337.60 and Dec. soyoil $0.18 lower at $56.03. 

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn, Soybeans Follow Broad Sell-Off By: 01/27/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—On Tuesday, the CME Group’s corn, soybean and wheat markets…

Corn, Soybean Prices Seen Higher Tuesday By: 01/27/2015 @ 7:34am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start…

Soybeans Close 10¢ Higher Monday By: 01/26/2015 @ 8:56am DES MOINES, Iowa (Agriculture.com)—On Monday, the CME Group’s soybean market is gained support…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Oil, Corn Nearing Bottom - 3 Things
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]