Home / Markets / Markets Analysis / Soybeans market / Grains expected to rebound Wednesday

Grains expected to rebound Wednesday

Jeff Caldwell 10/20/2010 @ 7:23am Multimedia Editor for Agriculture.com and Successful Farming magazine.

After 2 days of sliding prices driven by factors like a surging U.S. Dollar, the CME Group grains are expected to rebound Wednesday, sources say.

Early calls are:

  • Corn: 7-9 cents higher
  • Soybeans: 11-13 higher
  • Wheat: 3-5 higher

The grains reversed the previous trend in overnight trading. As of 7:00 AM CST, the overnight trade sent December 2010 corn futures 9 1/2 cents higher to $5.55 1/2 per bushel, according to Barchart.com. November soybeans were 14 cents higher at $11.94 per bushel, while December wheat was 4 3/4 per bushel at $6.76 1/4.



CancelPost Comment
MORE FROM JEFF CALDWELL more +

Mid-harvest Grain Storage Update By: 10/21/2014 @ 1:36pm What sort of shape is your corn crop in as you put it in the bin this fall? How about your…

Soybean Harvest Passes Halfway Point As… By: 10/20/2014 @ 3:39pm Corn harvest is just shy of 1/3 complete, while soybean harvest has passed the halfway point…

U.S. Labeling Law Distorts Global Livestock… By: 10/20/2014 @ 2:57pm Long-disputed country-of-origin labeling, or COOL, gives U.S.-produced livestock a competitive…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?