Early calls for corn, wheat, and soybeans
CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Wednesday, September 15, 2010 are higher. The early calls for corn are 2-4 cents higher, soybeans up 6-8 cents, and wheat 2-4 cents higher.
In overnight electronic trading, the Dec. corn futures contract traded 2 cents higher at $4.97 per bushel. The Nov. soybean futures contract traded 6 1/2 cents higher at $10.45 per bushel. The Dec. wheat futures contract traded 2 cents higher at $7.38. For Dec. soymeal futures, the contract traded $1.50 per short ton higher at $298.00, and Dec. soyoil down 0.04 point at $41.67.
The outside markets are mildly supportive for Wednesday's grain trade. The real factors driving the early calls will be the higher overnight grain trading.