Home / News / Business news / Grains called to open Thursday higher

Grains called to open Thursday higher

Jeff Caldwell 10/21/2010 @ 7:10am Multimedia Editor for Agriculture.com and Successful Farming magazine.

Wednesday's strength in the CME Group grain pits is expected to spill over into Thursday, sources say.

Early calls for the commodities are:

  • Corn: 2-4 higher
  • Soybeans: 9-11 higher
  • Wheat: 4-6 higher

In overnight trading as of 6:15 AM CST, the December 2010 corn futures contract was $5.75 1/4 per bushel, up 1 3/4 cents, while December wheat was 3 1/2 cents higher at $6.86 1/2, according to Dow Jones Newswires. November soybeans were 9 cents higher at $12.21 per bushel, while December soybean oil and meal were both higher (0.45 cents/pound at 48.90 and $0.80 per ton at $338.60, respectively).




CancelPost Comment
MORE FROM JEFF CALDWELL more +

Got the Next Big Ag Tech Idea? Take It to… By: 10/22/2014 @ 2:36pm Do you have the next big ag technology idea? Are you looking for a way to get it started toward the…

'No Major Setbacks' for Harvest… By: 10/22/2014 @ 7:49am After a few showers move through the eastern Plains and northwestern Corn Belt late this week and…

Midharvest Grain Storage Update By: 10/21/2014 @ 1:36pm What sort of shape is your corn crop in as you put it in the bin this fall? How about your…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?