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

Early calls for the grains

01/04/2011 @ 7:40am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Tuesday, January 4, 2011 are mostly lower. Corn is seen opening 1-2 cents lower, soybeans 6-8 cents higher and wheat down 2-3 cents. 

In overnight electronic trading, the March corn futures contract traded 1/2 of a cent lower at $6.20 per bushel. The March soybean futures contract traded 6 1/2 cents higher at $13.85 1/2 per bushel. The March wheat futures contract traded 2 1/4 cents lower at $8.03 1/4. For March soymeal futures, the contract traded $.50 per short ton lower at $368.50, and March soyoil up $0.38 at $58.08.

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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Scott Shellady: Options 101