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Grains set to open lower Tuesday

Jeff Caldwell 11/16/2010 @ 7:30am Agricultural content creator and marketer.

The volatile ride in the grains looks to continue Tuesday. After a sharply higher day for corn and soybeans Monday, early calls are sharply lower for Tuesday's session.

Corn is called to open 8-11 cents lower, while soybeans are seen opening 22-28 lower, according to private sources. Wheat's expected to open 7-10 lower.

As of 6:15 AM CST, CME Group December corn was 9 3/4 cents lower at $5.45 3/4 per bushel, while January soybeans were 26 1/4 lower at $12.60 1/4, according to a report from Dow Jones Newswires. December wheat was 7 1/2 lower at $6.65 1/4 per bushel.

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