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

Early calls for commodities

08/24/2011 @ 7:35am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, August 24, 2011 are lower. Corn and soybeans are seen opening 2-4 cents lower, and wheat 4-6 cents lower. 

In overnight electronic trading, the Dec. corn futures contract traded 2 cents lower at $7.41 1/2 per bushel. The Nov. soybean futures contract traded 2 1/2 cents lower at $13.94 3/4 per bushel. The Dec. wheat futures contract traded 4 1/4 cents lower at $7.80 1/4. For Dec. soymeal futures, the contract traded $0.10 lower at $375.40 and Dec. soyoil $0.04 lower at $56.17. 

The outside markets are mildly supportive for Wednesday's grain trade. The real factors driving the calls are the lower overnight markets. 


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Corn Trades Higher, Soybeans Drop Thursday By: 07/02/2015 @ 8:56am DES MOINES, Iowa (Agriculture.com)--The CME Group's soybean and wheat markets opened lower…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-Wildlife Diversity
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]