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 +

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?