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

Early calls for the corn, soybean, and wheat markets

08/04/2010 @ 11:00pm

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 +

Farm Markets Close Higher Wednesday By: 10/01/2014 @ 8:49am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group’s corn, soybean, and wheat…

Corn, Soybean Markets Seen Weaker Wednesday By: 10/01/2014 @ 7:29am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start…

USDA Bullish Soybean Data Trumped By: 09/30/2014 @ 10:54am As of September 1, the USDA sees the U.S. soybean and corn stocks getting tighter.In its Quarterly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Pre-Harvest Checklist