Home / News / Business news / At mid-session, the CME Group grain markets rally

At mid-session, the CME Group grain markets rally

07/20/2010 @ 11:00pm

CHICAGO, Illinois (Agriculture.com)--At mid-session, the CME Group grain prices rally Wednesday, led by wheat.

At mid-session, the Dec corn futures are 6 cents higher at $3.93 1/2. The Nov. soybean contract is 8 cents higher at $9.81. The Sep. wheat futures are 12 3/4 cents higher at $5.89 1/4. Dec. soybean meal futures are $3.40 higher at $285.30 per short ton. Dec. soyoil futures are trading 13 points higher at 39.30.

In the outside markets, the NYMEX crude oil is even per barrel, the dollar is higher, and the Dow Jones Industrials are up 53 points.

The wheat market is leading the rally. The corn and soybean markets are following wheat, traders say. The rally is about a technical bounce. Traders are still unsure what the weather is doing to the crops' growing season. 

CancelPost Comment
MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Corn dips to end a 'horrible' trading week Friday, April 5
MORE FROM MIKE MCGINNIS more +

Corn, soybeans end lower By: 04/05/2013 @ 10:08am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean markets finished lower, while wheat ...

Farm prices to drop Friday By: 04/05/2013 @ 7:26am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean and wheat markets are poised for a ...

Corn, wheat seen trading higher Wednesday By: 04/03/2013 @ 6:53am DES MOINES, Iowa (Agriculture.com)--The CME Group corn and wheat markets are poised for a higher ...