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 +

Malaysian Airliner Crash in Ukraine Sends… By: 07/17/2014 @ 2:34pm Wheat futures took off Thursday afternoon to close double-digits higher after news that officials…

Wheat Takes The Reins To Trade Sharply By: 07/17/2014 @ 1:13pm The bouncing around continues in the grain markets, with a quick, sharp turnaround in the wheat…

Corn Slips Despite Strong Export Sales Data By: 07/17/2014 @ 10:27am Soybean futures are in the black while corn and wheat have both moved into the red as near-perfect…

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