Home / Markets / Markets Analysis / Soybeans market / Grains turn higher at mid-day Wednesday

Grains turn higher at mid-day Wednesday

Jeff Caldwell 12/21/2011 @ 11:35am Multimedia Editor for Agriculture.com and Successful Farming magazine.

After an overnight trade and start to Wednesday spent in the red, the grains have rebounded and are trading higher at mid-day.

At mid-day, March corn has moved 4 1/4 cents higher to $6.11 1/4 per bushel, January soybeans are 5 1/2 higher at $11.50 and March wheat is 4 1/4 higher at $6.12, according to Barchart.com.

The reversal comes after a lower start to Wednesday's trade after word of much-needed rainfall in the corn- and soybean-growing regions of Argentina and southern Brazil. But, crop concerns there linger despite the moisture, as many forecasts call for a return to crop-stressing weather soon.


CancelPost Comment
MORE FROM JEFF CALDWELL more +

Midwest Crop Briefs: Tuesday, August 19 By: 08/19/2014 @ 7:23am The mercury's heating up this week in the Corn Belt as expectations for this…

Corn Ratings Slip, Soybeans Bump; Light… By: 08/18/2014 @ 3:30pm Corn conditions took a slight dip, while soybean conditions moved up slightly in the last week, as…

Worried About Having Enough Grain Storage… By: 08/18/2014 @ 2:13pm As hard as it may be to believe already, corn harvest will soon be underway in the southernmost…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cool Tools: Dewalt 20-Volt MAX Grease Gun