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 +

Rural Economic Erosion Continues -- Goss By: 08/20/2014 @ 12:35pm The full extent of the sharp downturn in grain prices over the last few months likely won't be…

New Tool Lets You Conduct Your Own Soybean… By: 08/20/2014 @ 11:42am Crop tours and yield estimates are all the rage this time of year, with the corn and soybean crops…

Midwest Crop Briefs: Tuesday, August 19 By: 08/19/2014 @ 7:23am The mercury's heating up this week in the Corn Belt as expectations for this…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Can Corn Catch Fire in September?