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

Grains open Thursday mixed

Jeff Caldwell 12/29/2011 @ 9:52am Multimedia Editor for Agriculture.com and Successful Farming magazine.

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 +

'HMO' labels in the future? By: 10/30/2014 @ 12:52pm Growing crops will not always take place in open fields. There's a growing number of companies…

The Farmer's Holiday Gift-Buying Guide… By: 10/30/2014 @ 9:54am The holiday season is on its way. Why wait until the last minute to get your gift shopping done? If…

Midweek Weather Hits: Mostly Dry Now, Cooler… By: 10/29/2014 @ 9:24am With the exception of a few showers in parts of the region -- some of which added up to an inch of…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes