Home / Markets / Markets Analysis / Corn market / Tuesday grains starting lower

Tuesday grains starting lower

08/30/2011 @ 8:44am

The pre-opening prices for the CME Group grain commodities for Tuesday, August 30, 2011 are lower. Corn is seen opening 4-6 cents lower, soybeans 4-6 cents lower and wheat down 3-5 cents.  

In overnight electronic trading, the Dec. corn futures contract traded 6 cents lower at $7.64 per bushel. The Nov. soybean futures contract traded 6 cents lower at $14.41 per bushel. The Dec. wheat futures contract traded 6 cents lower at $7.89. For Dec. soymeal futures, the contract traded $2.40 lower at $384.00 and Dec. soyoil $0.44 lower at $58.14.

The outside markets are not supportive for Tuesday's grain trade. The real factors driving the calls are the lower overnight markets.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Corn Trades Higher, Soybeans Drop Thursday By: 07/02/2015 @ 8:56am DES MOINES, Iowa (Agriculture.com)--The CME Group's soybean and wheat markets opened lower…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-Wildlife Diversity
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]