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Grains look higher to open Wednesday

Jeff Caldwell 11/30/2011 @ 7:25am Multimedia Editor for Agriculture.com and Successful Farming magazine.

It looks like another day of higher trading for the CME Group grains, though gains aren't expected to match the sharply higher moves of earlier this week.

Early calls for the commodities are corn 3-5 higher, soybeans 5-8 higher and wheat 2-4 higher, according to private sources.

At just after 7:00 AM CST in the overnight trade, December corn was 3 3/4 cents higher at $6.01 3/4 per bushel, while January soybeans were 3 1/2 higher at $11.28 1/2 and December wheat was 1 1/4 cent higher at $5.95 3/4, according to Barchart.com.

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Global Events Driving Monday Grain Trade
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