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

Early calls for commodities

07/18/2011 @ 7:38am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, July 18, 2011 are sharply lower. Corn is seen opening 12-14 cents lower, soybeans down 8-10 cents, and wheat 10-12 cents lower. 

In overnight electronic trading, the Dec. corn futures contract traded 16 cents lower at $6.69 per bushel. The Nov. soybean futures contract traded 11 cents lower at $13.76 per bushel. The Sep. wheat futures contract traded 14 1/2 cents lower at $6.80 1/4. For Dec. soymeal futures, the contract traded $3.80 lower at $362.10 and Dec. soyoil $0.54 lower at $57.72. 

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn Ends Lower, Soybeans Mixed By: 04/17/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group corn markets closed lower, soybeans…

Mixed farm markets seen Thursday By: 04/17/2014 @ 8:05am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans Close 17¢ Higher By: 04/16/2014 @ 8:46am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, wheat markets came…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Big Picture: CME Trading Weather