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 +

Soybeans Close 13¢ Lower Tuesday By: 11/18/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)—Acting like a ‘turnaround Tuesday’, the CME Group soybean…

Soybeans Seen Slightly Higher Tuesday By: 11/18/2014 @ 6:36am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close 13¢ Higher Monday By: 11/17/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)—On Monday, the CME Group soybean market closed higher, with…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cool Tools Christmas Edition: Craftsman Two-in-One