Home / News / Business news / Grains seen starting higher

Grains seen starting higher

Updated: 08/13/2010 @ 8:58am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Friday, August 13, 2010 are higher. The early calls for corn are -3-5 cents higher, soybeans up 7-9 cents and wheat up 10-12 cents.

In overnight electronic trading, the Dec. corn futures contract traded 3 1/4 cents higher at $4.25 per bushel. The Nov. soybean futures contract traded 7 3/4 cents higher at $10.36 1/4 per bushel. The Sep. wheat futures contract traded 10 1/2 cents higher at $7.23 1/2. For Dec. soymeal futures, the contract traded $1.10 per short ton lower at $295.10, and Dec. soyoil up 0.72 point at $42.55.

The outside markets are not supportive for Friday's grain trade. The real factor driving the higher early calls are the strong overnight markets. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Video: Early Harvest Weather Could Delay… By: 09/04/2015 @ 12:50pm Combines have been rolling this week in the southern portion of Corn Belt states. However Dan…

Corn, Wheat End Higher Friday By: 09/04/2015 @ 8:47am DES MOINES, Iowa (Agriculture.com)—As the farm markets consider the long Memorial Day weekend…

Wheat Ends 13¢ Lower By: 09/03/2015 @ 9:08am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese-Notis Early Harvest Weather Outlook
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]