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 +

Tightening Your Farm's Belt? Check Out… By: 09/02/2014 @ 1:44pm Exactly 2 years ago at this time, farmers were more concerned with how they were going to invest…

Rains Fall Hard, Fuel Soybean Disease, Corn… By: 09/02/2014 @ 9:33am A growing so-called heat dome in the Southeastern U.S. and up-and-down temperatures in the mostly…

Cutting Postharvest Grain Losses in Brazil a… By: 08/29/2014 @ 10:06am There's growing talk in parts of the central U.S. that once the combines start to roll this…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soybeans Rally on Crop Disease Concerns