Home / News / Business news / Early calls for corn, wheat, and soybeans

Early calls for corn, wheat, and soybeans

09/20/2010 @ 7:44am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Monday, September 20, 2010 are sharply higher. The early calls for corn are 8-10 cents higher, soybeans up 18-20 cents, and wheat 8-10 cents higher.

In overnight electronic trading, the Dec. corn futures contract traded 9 cents higher at $5.22 1/4 per bushel. The Nov. soybean futures contract traded 23 3/4 cents higher at $10.92 3/4 per bushel. The Dec. wheat futures contract traded 9 1/2 cents higher at $7.48 3/4. For Dec. soymeal futures, the contract traded $5.50 per short ton higher at $314.00, and Dec. soyoil up 0.82 point at $43.12.

The outside markets are supportive for Monday's grain trade. The real factors driving the early calls will be the higher overnight grain trading.

Frost-scare in China's largest soybean-producing region, Brazil's dry weather, and spec buying ahead of two upcoming Chinese holidays made prices soar on the Dalian Exchange, overnight. These same factors drove the CME Group's Globex Exchange higher, overnight. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans to surge double-digits Wednesday By: 04/16/2014 @ 7:55am The CME Group corn, soybean and wheat markets are poised to start mostly higher.   The Early…

Soybeans, wheat end up double-digits By: 04/15/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group soybean market closed double-digits…

Mostly lower corn, wheat markets seen By: 04/15/2014 @ 8:03am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start mixed. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Farm markets Rally on Weather, Ukraine