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Grains called to open Thursday higher

Jeff Caldwell 10/21/2010 @ 7:09am Agricultural content creator and marketer.

Wednesday's strength in the CME Group grain pits is expected to spill over into Thursday, sources say.

Early calls for the commodities are:

  • Corn: 2-4 higher
  • Soybeans: 9-11 higher
  • Wheat: 4-6 higher

In overnight trading as of 6:15 AM CST, the December 2010 corn futures contract was $5.75 1/4 per bushel, up 1 3/4 cents, while December wheat was 3 1/2 cents higher at $6.86 1/2, according to Dow Jones Newswires. November soybeans were 9 cents higher at $12.21 per bushel, while December soybean oil and meal were both higher (0.45 cents/pound at 48.90 and $0.80 per ton at $338.60, respectively).




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