Home / News / Crops news / Grains follow higher overnights

Grains follow higher overnights

10/19/2011 @ 6:44am

With follow-through from the overnight trade and favorable outside markets, the CME Group farm futures are poised to start higher Wednesday.

The Early Calls for the commodities on Wednesday, October 19, 2011, are higher. 

In overnight electronic trading, the Dec. corn futures contract traded 5 1/2 cents higher at $6.49 1/2 per bushel. The Nov. soybean futures contract traded 4 cents higher at $12.54 3/4 per bushel. The Dec. wheat futures contract traded 5 3/4 cents higher at $6.31. For Dec. soymeal futures, the contract traded $1.40 per short ton higher at $325.70 and Dec. soyoil $0.26 higher at $52.96. 

The outside markets are not supportive for Wednesday's grain trade. The real factors driving the calls will be the higher overnight markets. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA…

Corn, Soybeans End Higher Monday By: 08/31/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market turnaround…

Corn, Soybeans Seen Lower Monday By: 08/31/2015 @ 6:21am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]