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

Early calls for commodities

08/22/2011 @ 7:55am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, August 22, 2011 are higher. Corn is seen opening 7-9 cents higher, soybeans up 10-12 cents, and wheat 10-12 cents higher. 

In overnight electronic trading, the Dec. corn futures contract traded 6 1/2 cents higher at $7.31 3/4 per bushel. The Nov. soybean futures contract traded 12 cents higher at $13.80 1/2 per bushel. The Dec. wheat futures contract traded 9 3/4 cents higher at $7.71. For Dec. soymeal futures, the contract traded $4.50 higher at $365.40 and Dec. soyoil $0.33 higher at $56.28. 

The outside markets are very supportive for Monday's grain trade. The real factors driving the calls are the higher overnight markets. 


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Holiday Profit Taking Pressures Markets