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 +

USDA Bullish Soybean Data Trumped By: 09/30/2014 @ 10:54am As of September 1, the USDA sees the U.S. soybean and corn stocks getting tighter.In its Quarterly…

Corn, Soybean Markets Dip Tuesday By: 09/30/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean, and wheat…

Corn, Soybeans to Drop Tuesday By: 09/30/2014 @ 8:01am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Pre-Harvest Checklist