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

Early calls for commodities

07/26/2011 @ 7:44am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, July 26, 2011 are higher. Corn is seen opening 5-7 cents higher, soybeans up 7-9 cents, and wheat 2-4 cents higher. 

In overnight electronic trading, the Dec. corn futures contract traded 4 1/2 cents higher at $6.79 per bushel. The Nov. soybean futures contract traded 9 1/2 cents higher at $13.81 1/2 per bushel. The Sep. wheat futures contract traded 4 1/2 cents higher at $6.93. For Dec. soymeal futures, the contract traded $3.80 higher at $366.90 and Dec. soyoil $0.08 higher at $57.03. 

The outside markets are supportive for Tuesday's grain trade. The real factors driving the calls are the 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.
What is Hybrid Planting?