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

Early calls for commodities

10/11/2011 @ 6:44am

DES MOINES, Iowa (Agriculture.com)--The Early Calls for the commodities are mostly higher for Tuesday, October 11, 2011.

With less support from the outside markets and positioning ahead of Wednesday's USDA Reports, the CME Group farm markets may see mixed trading today.

In overnight electronic trading, the Dec. corn futures contract traded 3 1/4 cents lower at $6.01 3/4 per bushel. The Nov. soybean futures contract traded 9 1/4 cents higher at $11.86 3/4 per bushel. The Dec. wheat futures contract traded 3 1/4 cents higher at $6.14 3/4. For Dec. soymeal futures, the contract traded $1.80 per short ton higher at $310.30 and Dec. soyoil $0.23 higher at $50.34. 

The outside markets are mildly supportive for Tuesday's grain trade. The real factors driving the calls are the mostly higher overnight markets.

Also Tuesday, the USDA will release its weekly Crop Progress Report. The trade expects corn to be 33%-37% harvested, with a similar range in soybeans. Winter wheat planting should be near 50-55% completed.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Trade Slightly Higher Friday By: 10/31/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)—The CME Group corn, soybean and wheat markets trade mostly…

Lower Farm Markets Seen For Friday By: 10/31/2014 @ 8:13am On Friday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes