Home / News / Crops news / Grains slightly lower in early trading

Grains slightly lower in early trading

Jeff Caldwell 10/19/2010 @ 10:12am Multimedia Editor for Agriculture.com and Successful Farming magazine.

After a lower overnight trade, losses have trimmed slightly to leave the grains slightly lower in early Tuesday trading.

In early trading:

  • December 2010 corn: 2 1/4 cents lower at $5.55 per bushel
  • November 2010 soybeans: 1/4 cent lower at $11.83 3/4
  • December 2010 wheat: 6 1/4 cents lower at $6.83 3/4

"Chart watchers would like to see the December contract fill the huge gap down to $5.28/bushel" on the continued strength in the U.S. Dollar index, says Market Analyst John Roach. He adds traders are waiting on fresh news -- bearish or bullish -- for direction now that prices have adjusted to the latest news harvest progress, export sales & the Dollar).

CancelPost Comment
MORE FROM JEFF CALDWELL more +

Cool, Dry Corn Belt Conditions To Persist --… By: 07/30/2014 @ 8:48am As cooler-than-normal temperatures continue to keep crop stress at bay in the absence of measurable…

Rain Chances, Global Tumult Sink Grains… By: 07/29/2014 @ 2:57pm After a higher day for corn and soybean futures on Monday, it was a Turnaround Tuesday that saw all…

Risk Management, Farm Policy Critical During… By: 07/29/2014 @ 2:01pm The business of raising corn, soybeans, and wheat isn't what it was a couple of years ago. Now…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Trumps Demand