Home / Markets / Markets Analysis / Corn market / Grains seen higher

Grains seen higher

09/20/2011 @ 7:37am

DES MOINES, Iowa (Agriculture.com) The Early Calls for commodities are higher Tuesday.

As rumors swirl of China set to buy U.S. corn and favorable outside market support, the CME Group farm markets will start the day's trade higher Tuesday, September 20, 2001.. 

The pre-opening prices for corn are seen 9-10 cents higher, soybeans 10-12 cents higher and  and wheat 8-10 cents higher. 

In overnight electronic trading, the Dec. corn futures contract traded 9 1/4 cents higher at $7.01 1/2 per bushel. The Nov. soybean futures contract traded 13 1/2 cents higher at $13.49 1/2 per bushel. The Dec. wheat futures contract traded 10 1/2 cents higher at $6.83 1/2. For Dec. soymeal futures, the contract traded $4.10 per short ton higher at $352.60 and Dec. soyoil $0.39 higher at $56.23. 

The outside markets are supportive for Tuesday's grain trade. The real factors driving the calls are the higher overnight markets. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybean, Wheat Prices Close Higher By: 07/31/2014 @ 8:35am DES MOINES, Iowa (Agriculture.com)-- The CME Group soybean and wheat markets end higher, corn lower…

Soybeans Seen Higher Thursday By: 07/31/2014 @ 7:02am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Rangebound Corn Market Ends Higher By: 07/30/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group corn and wheat markets stayed…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Markets Trade in Narrow Range