Home / Markets / Markets Analysis / Soybeans market / Grains in positive territory at mid-day

Grains in positive territory at mid-day

Jeff Caldwell 10/09/2012 @ 10:36am Multimedia Editor for Agriculture.com and Successful Farming magazine.

Corn, soybean and wheat futures remain higher as the mid-session mark approaches in Tuesday's session, with pre-USDA report positioning, demand and strong outside markets leading the way for the grains.

At mid-session, December corn is 2 1/4 cents higher at $7.44 1/4, while November soybeans are 10 cents higher at $15.61 and December wheat's 8 3/4 cents higher at $8.69 3/4.

The monthly USDA Crop Production and WASDE reports, slated for release Thursday morning, are already getting a lot of attention in the markets, among both traders and farmers.

"I think the report will bring us bear (soybeans) and bull (corn) news," says Agriculture.com Marketing Talk senior contributor giolucas. "I think things are shifting the corn damage. Who knows? I am not going to trade this report but will wait afterwards."

CancelPost Comment
MORE FROM JEFF CALDWELL more +

Corn Planting Still Behind Schedule; More… By: 04/20/2015 @ 3:37pm Just shy of 10% of the nation's corn crop is planted. Though that's a fairly sizable step…

Not Planting Corn Yet? Is Your Planter… By: 04/20/2015 @ 1:22pm Weekend rainfall's likely derailed any plans a lot of farmers in the Plains and Midwest may…

El Niño Pattern Building; Cooler Midwest… By: 04/20/2015 @ 12:23pm After a couple years of floundering around in a seeming purgatory between La Niña and El Niño…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Finger pick-up
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]