Home / Markets / Markets Analysis / Corn market / Grains open Thursday mixed

Grains open Thursday mixed

Jeff Caldwell 12/29/2011 @ 9:53am Agricultural content creator and marketer.

Corn's unchanged, wheat's holding on to slight gains and soybeans are slightly lower in early trading Thursday.

Shortly after the open, March corn traded unchanged at $6.42 1/2 per bushel while March wheat was 1/2 cent higher at $6.51 3/4 and January soybeans were 1 1/4 cents lower at $11.97, according to Barchart.com.

The mixed prices reflect something of a return to other typical market factors and away from the laser-sharp focus on the La Nina crop-stressing weather conditions in South America. So far Thursday, profit-taking's very much in the picture, but the U.S. Dollar's trading slightly higher, a bearish factor for the grains.

On top of these factors, weekly export sales numbers have been delayed until Friday on account of the Christmas holiday earlier this week. Those numbers are expected to be slightly bullish to the grains.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

USDA Trims Soybean Crop, Stocks; Wheat Crop… By: 06/10/2015 @ 11:11am A smaller soybean crop, a slightly corn crop and a larger wheat crop. That's what USDA…

The [A] List: 3 Big Things This Morning… By: 06/02/2015 @ 6:32am Grains trading higher; crop conditions highest we'll see this year?Grain prices were mixed…

Corn Planting Hits 95% Completion -- USDA By: 06/01/2015 @ 4:04pm For all intents and purposes, corn planting is wrapped up for this year. As of Sunday, only 5% of…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]