Home / Markets / Markets Analysis / Corn market / Early calls for the grains

Early calls for the grains

12/27/2010 @ 7:50am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, December 27, 2010 are mostly lower. Corn is seen opening 1-2 cents lower, soybeans 3-4 cents higher and wheat down 2-4 cents. 

In overnight electronic trading, the March corn futures contract traded 1 1/2 cents lower at $6.12 1/2 per bushel. The Jan. soybean futures contract traded 7 1/4 cents higher at $13.56 3/4 per bushel. The March wheat futures contract traded 5 1/2 cents lower at $7.77 1/2. For Jan. soymeal futures, the contract traded $0.60 per short ton higher at $360.60, and Dec. soyoil up 0.21 at $56.80.

The outside markets are mildly supportive for Monday's grain trade. The real factors driving the mostly lower early calls are the mostly lower overnight markets and news of China raising lending and deposit rates, in an attempt to slow its economy. 

CancelPost Comment

2016 Basis Prices Vary Widely Depending on… By: 11/25/2015 @ 2:24pm This marketing year, farmers who are looking to pick up a few more cents per bushel for their corn…

Soybeans Close 11¢ Higher Wednesday By: 11/25/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the bulls stole the feast from the bears, with…

Soybeans, Corn End Lower Tuesday By: 11/24/2015 @ 8:50am DES MOINES, Iowa (Agriculture.com)-- On Tuesday, the CME Group's corn, soybean and wheat…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Successful Marketing Newsletter