Home / News / Crops news / Early calls for the corn, soybean, wheat markets

Early calls for the corn, soybean, wheat markets

07/14/2010 @ 11:00pm

CHICAGO, Illinois (Agriculture.com)--Early calls for the CME Group commodity prices for Thursday, July 15, 2010 are 5-7 cents higher for corn, wheat up 7-9 cents and soybeans 7-9 cents higher. USDA will release its Weekly Export Sales report at 7:30am CST.

In eCBOT electronic trading, the Dec '10 corn futures contract was 3 1/2 cents higher at $3.99 3/4 per bushel, while Nov. soybeans were 13 3/4 cents higher at $9.75 3/4 per bushel. Sep. wheat was 15 cents higher at $5.74. The Dec. soymeal futures contract was $4.60 higher at $284.20 and Dec. soyoil 0.44 point higher at $39.34.

The outside markets are very supportive for this morning's CME Group open. The real factor driving the early calls will be sharply higher overnight grain prices.

It should be noted, the Midwest weather is being ruled by a high pressure dome. A few rains may fall before the week ends, according to Freese-Notis. But, the heat 'dome' could stick around for awhile, the weather service suggested Thursday.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn, Soybeans Trade Weaker By: 04/24/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's  corn, soybean and wheat…

Corn, Wheat Markets to Trade Higher Thursday By: 04/24/2014 @ 7:57am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

Corn, Wheat Prices End Higher By: 04/23/2014 @ 8:42am DES MOINES, Iowa (Agriculture.com)--At mid-session, the CME Group corn and wheat markets have found…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Waiting For the Planting Window