Home / News / Business news / Early calls for the corn, soybean, and wheat markets

Early calls for the corn, soybean, and wheat markets

07/22/2010 @ 11:00pm

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Friday, July 23, 2010 are mostly lower. The early calls for corn are 1-2 cents higher, soybeans and wheat 1-2 cents lower.

In overnight electronic trading, the Dec. corn futures contract traded 1 1/4 cents lower at $3.91 1/2 per bushel. The Nov. soybean futures contract traded 1 1/2 cents lower at $9.78 per bushel. The Sep. wheat futures contract traded 1 3/4 cents lower at $5.94 3/4. For Dec. soymeal futures, the contract traded $1.10 per short ton higher at $283.40, and Dec. soyoil down 19 points at $39.51.

The outside markets are mildly supportive for Friday's grain trade. The real factor driving the mostly lower early calls is the predominantly lower overnight market.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Low Markets For Years? By: 09/12/2014 @ 10:40am With estimates of record-large crops and the largest corn and soybean ending stocks in nearly a…

Soybeans End Higher, Corn Lower By: 09/12/2014 @ 8:49am DES MOINES, Iowa (Agriculture.com)-- With the governmental data showing big crops ahead, a bearish…

Farm Markets Seen Mixed Friday By: 09/12/2014 @ 7:18am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Case IH Magnum Rowtrac