Home / Markets / Markets Analysis / Corn market / Grains rocket higher on USDA data

Grains rocket higher on USDA data

Jeff Caldwell 10/11/2012 @ 9:47am Multimedia Editor for Agriculture.com and Successful Farming magazine.

The gains continue for corn, soybeans and wheat early in Thursday's trading session after USDA released monthly Crop Production and supply/demand numbers Thursday morning.

In early trading, December corn is 25 1/4 cents higher at $7.62 per bushel, while November soybeans are 24 cents higher at $15.47 1/4 and December wheat is 10 1/4 higher at $8.80.

The gains come after USDA released numbers showing a slightly smaller corn crop in the U.S. this year on top of lower ending stocks.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

3 Things to Watch This Morning, Friday… By: 01/30/2015 @ 6:35am Grains seen 'quietly' moving higher Friday. The overnight session saw the grain markets…

3 Things to Watch This Morning, Thursday… By: 01/29/2015 @ 6:18am Another day, another set of market factors hitting the grains. The grain markets are lower heading…

Farm Operating Loans on the Rise -- Fed By: 01/28/2015 @ 2:50pm The switch has been flipped.A couple of years ago, farm lending for big-ticket purchases -- fueled…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Senator Grassley and his Mower
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]