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 +

'HMO' labels in the future? By: 10/30/2014 @ 12:52pm Growing crops will not always take place in open fields. There's a growing number of companies…

The Farmer's Holiday Gift-Buying Guide… By: 10/30/2014 @ 9:54am The holiday season is on its way. Why wait until the last minute to get your gift shopping done? If…

Midweek Weather Hits: Mostly Dry Now, Cooler… By: 10/29/2014 @ 9:24am With the exception of a few showers in parts of the region -- some of which added up to an inch of…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes