Home / Markets / Markets Analysis / Wheat market / Early calls for the corn, soybean, and wheat markets

Early calls for the corn, soybean, and wheat markets

Updated: 08/05/2010 @ 8:19am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Thursday, August 5, 2010 are sharply higher. The early calls for corn are 12-14 cents higher, soybeans up 15-17 cents and wheat up its 60 cent daily limit.

In overnight electronic trading, the Dec. corn futures contract traded 18 1/2 cents higher at $4.33 1/2 per bushel. The Nov. soybean futures contract traded 15 1/2 cents higher at $10.39 3/4 per bushel. The Sep. wheat futures contract traded 60 cents higher at $7.85 3/4. For Dec. soymeal futures, the contract traded $4.90 per short ton higher at $297.30, and Dec. soyoil up 4 points at $42.50.

The outside markets are not supportive for Thursday's grain trade. The real factor driving the higher early calls is the sharply higher overnight market, and the news of Russia banning grain exports between Aug. 15-Sept. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Video: Early Harvest Weather Could Delay… By: 09/04/2015 @ 12:50pm Combines have been rolling this week in the southern portion of Corn Belt states. However Dan…

Corn, Wheat End Higher Friday By: 09/04/2015 @ 8:47am DES MOINES, Iowa (Agriculture.com)—As the farm markets consider the long Memorial Day weekend…

Wheat Ends 13¢ Lower By: 09/03/2015 @ 9:08am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese-Notis Early Harvest Weather Outlook
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]