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 +

New Platform Puts Grain Sales Control In… By: 10/17/2014 @ 2:35pm Now likely more so than at any point in the last 5 or 6 years, getting every last penny you can…

Harvest Headquarters: Keep Up With… By: 10/17/2014 @ 12:24pm It's been cool and wet in much of the Corn Belt the last couple of weeks, but looking ahead…

EPA Report: Neonicotinoids Provide Minimal… By: 10/17/2014 @ 11:10am The class of soybean pesticide seed treatments about which speculation has swirled on its impact on…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Over-Arching Issues at the World Food Prize