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

Early calls for corn, wheat, and soybeans

08/25/2010 @ 7:17am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, August 25, 2010 are higher. The early calls for corn are 1-2 cents higher, soybeans up 2-4 cents and wheat 4-6 higher.

In overnight electronic trading, the Dec. corn futures contract traded 1/4 of a cent higher at $4.20 3/4 per bushel. The Nov. soybean futures contract traded 3 3/4 cents higher at $10.02 3/4 per bushel. The Dec. wheat futures contract traded 4 1/4 cents higher at $7.12. For Dec. soymeal futures, the contract traded $1.90 per short ton higher at $291.60, and Dec. soyoil down 0.10 point at $39.96.

The outside markets are not supportive for Wednesday's grain trade. The real factor driving the higher early calls are the higher overnight markets. The U.S. and world equities could pressure the grains today, again traders say. Asian stocks dropped, as a result of poor U.S. economic news Tuesday. Plus, Ireland's sovereign-debt rating has been lowered.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans To Extend Gains Thursday By: 07/24/2014 @ 7:10am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 18¢ Higher By: 07/23/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market finished stronger, leading the way…

Soybean Prices to Tick Higher Wednesday By: 07/23/2014 @ 7:41am On Wednesday, 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.
Soybeans Rally on Demand, Weather