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

Early calls for commodities

09/06/2011 @ 7:24am

DES MOINES, Iowa  (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, September 6, 2011 are lower. Corn is seen opening 5-7 cents lower, wheat 7-9 cents lower and soybeans 14-16 cents lower. 

In overnight electronic trading, the Dec. corn futures contract traded 5 1/2 cents lower at $7.54 1/2 per bushel. The Nov. soybean futures contract traded 16 1/2 cents lower at $14.29 1/4 per bushel. The Dec. wheat futures contract traded 9 1/4 cents lower at $7.66 1/2. For Dec. soymeal futures, the contract traded $3.50 lower at $381.50 and Dec. soyoil $0.49 lower at $57.77. 

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA Data Drops Corn 18¢ Tuesday By: 03/31/2015 @ 10:22am DES MOINES, Iowa (Agriculture.com)—It’s a big surprise from the USDA Tuesday. The U.S…

Corn, Wheat Close 18¢ Lower By: 03/31/2015 @ 8:37am DES MOINES, Iowa  (Agriculture.com)—On Tuesday, a USDA Report that showed greater U.S. corn…

Ahead of USDA, Corn, Soybeans Seen Lower… By: 03/31/2015 @ 7:25am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start lower. USDA…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Seeds
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]