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

Early calls for corn, wheat, and soybeans

10/06/2010 @ 7:16am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, October 6, 2010 are mixed.  Corn is seen opening 1-2 cents higher to 1-2 lower, soybeans 1-2 lower, and wheat 1-2 cents higher. 

In overnight electronic trading, the Dec. corn futures contract traded 3/4 of a cent lower at $4.90 1/4 per bushel. The Nov. soybean futures contract traded 1 cent lower at $10.70 3/4 per bushel. The Dec. wheat futures contract traded 1 cent higher at $6.64 1/2. For Dec. soymeal futures, the contract traded $1.50 per short ton lower at $297.80, and Dec. soyoil up $0.18 at $44.00.

The outside markets are not supportive for Wednesday's grain trade. The real factors driving the mixed early calls are the slightly lower overnight markets. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
New 6631 Sunflower Vertical Tillage System