Home / News / Crops news / Higher corn, soybean markets Thursday

Higher corn, soybean markets Thursday

11/10/2011 @ 6:45am

With supportive outside markets, the CME Group corn, soybean and wheat markets look to have enough momentum to start Thursday's trading session higher. 

The Early Calls for the commodities on Thursday, November 10, 2011, are higher. Corn is seen opening 5-10 cents higher, soybeans 4-8 cents higher, and wheat 5-7 cents higher.

In overnight electronic trading, the Dec. corn futures contract traded 5 3/4 cents higher at $6.61 3/4 per bushel. The Jan. soybean futures contract traded 4 1/4 cents higher at $11.89 3/4 per bushel. The Dec. wheat futures contract traded 5 1/4 cents higher at $6.48 1/4. For Dec. soymeal futures, the contract traded $0.70 per short ton higher at $303.80 and Dec. soyoil $0.26 higher at $51.25. 

The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the outside  and higher overnight markets.


Discuss the corn, soybean, and wheat markets in Marketing Talk. 

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Wheat Closed 13¢ Lower By: 01/28/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)—As the CME Group’s wheat market searched for a low…

Wednesday's Farm Markets Seen Lower By: 01/28/2015 @ 8:02am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start…

Corn, Soybeans End Lower Tuesday By: 01/27/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—On Tuesday, the CME Group’s corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Acres Versus Bushels in 2015 - 3 Things
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]