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 +

Got the Next Big Ag Tech Idea? Take It to… By: 10/22/2014 @ 2:36pm Do you have the next big ag technology idea? Are you looking for a way to get it started toward the…

'No Major Setbacks' for Harvest… By: 10/22/2014 @ 7:49am After a few showers move through the eastern Plains and northwestern Corn Belt late this week and…

Midharvest 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…

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?