Home / Markets / Markets Analysis / Wheat market / Grains trim early gains, drift lower

Grains trim early gains, drift lower

Jeff Caldwell 10/06/2011 @ 12:32pm Multimedia Editor for Agriculture.com and Successful Farming magazine.

Corn and soybeans remain on the high side at mid-day Thursday, while wheat futures slumped into the red.

At mid-day, nearby wheat was 8 3/4 cents lower at $6.16 1/2 per bushel, according to Barchart.com. Nearby corn and soybeans were still holding on to earlier gains, with corn 1/2 cent higher at $6.05 3/4 and soybeans 3 1/2 cents higher at $11.67 1/4.

Early gains have been trimmed in all pits, and though wheat is leading the way, losses in corn and beans are being driven by continued good harvest weather in the Midwest.

CancelPost Comment

weather 10/06/2011 @ 8:51pm glad the weather is nice yields still suck.

Report Abuse Reply
MORE FROM JEFF CALDWELL more +

3 Things to Watch This Morning: Friday… By: 11/21/2014 @ 6:34am Weekend weather shift on the way.Though some of it's melted in the last few days, there is…

President Obama Lays Out Immigration Reform… By: 11/20/2014 @ 8:25pm In his address to the nation focusing on steps moving forward on federal immigration policy…

Immigration and Farm Labor Changes Ahead? By: 11/20/2014 @ 12:26pm Whether your farm or ranch depends directly on immigrant labor or not, chances are high that…

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