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

Early calls for commodities

07/07/2011 @ 7:47am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Thursday, July 7, 2011 are mixed. Corn is seen opening 1-2 cents higher, soybeans up 3-5 cents, and wheat 7-9 cents lower. 

In overnight electronic trading, the Dec. corn futures contract traded 3/4 of a cent higher at $6.09 1/4 per bushel. The Nov. soybean futures contract traded 4 1/2 cents higher at $13.23 per bushel. The Sep. wheat futures contract traded 6 cents lower at $6.20 1/2. For Dec. soymeal futures, the contract traded $0.40 lower at $342.80 and Dec. soyoil $0.28 higher at $56.67. 

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Wheat Starts Slightly Higher Wednesday By: 07/30/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

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…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Trumps Demand