Home / Markets / Markets Analysis / Corn market / Grains rebound in early Wednesday trading

Grains rebound in early Wednesday trading

Jeff Caldwell 11/17/2010 @ 10:18am Multimedia Editor for Agriculture.com and Successful Farming magazine.

Though analysts warn the factors that slammed the grains Tuesday are still lingering in view, the CME Group grains are bouncing back so far in Wednesday's trade.

In early trading, December 2010 corn is 5 1/2 cents higher at $5.32 per bushel, while January soybeans are 8 3/4 cents higher at $12.28, according to Barchart.com. December wheat is the strongest contract so far Wednesday, trading 13 1/4 cents higher to $6.39 1/2 per bushel.

Though prices are stronger Wednesday, gains will likely be limited by ongoing worries about changes in China's monetary policy, the main driver behind the losses in the last 4 trading days, according to a report from Dow Jones Newswires.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

Some Weekend 'Fieldwork Chances'… By: 05/29/2015 @ 12:39pm After a week featuring off-and-on rainfall -- in many spots in the Midwest enough to keep planters…

RFS Adjustments Justified According to Key… By: 05/29/2015 @ 11:52am Friday's announcement of the paring-down of the ethanol mandate and increase in biodiesel…

USDA Rolls Out $100 Million For Ethanol… By: 05/29/2015 @ 11:02am On the same day leaders of the U.S. Environmental Protection Agency (EPA) announced they're…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The 'A' List: Month's End Markets, Grain Storage, and Farm Policy
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]