Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Corn, Soybeans, Wheat Called Lower as Rain Forecast in Midwest

Don't Miss Out —
Follow us on:

July 24 (Bloomberg) -- What follows are opening calls for U.S. grain and oilseed markets, which open at 5 p.m. on the Chicago Board of Trade.

-- Corn futures may open 1 cent to 2 cents a bushel lower as rain is forecast through July 26 for parts of the U.S. Midwest including Iowa and Illinois, Jacquie Voeks, a senior market adviser at the Stewart-Peterson Group in West Bend, Wisconsin, said in a telephone interview.

-- Soybean futures may open down 10 cents to 12 cents a bushel because of the forecast for rain, Voeks said. Soybean-oil futures may to open 0.2 cent to 0.3 cent a pound lower, and soybean-meal futures may open little changed to $1 higher per 2,000 pounds.

-- Wheat futures may open 1 cent to 2 cents a bushel lower, Voeks said.

To contact the reporter on this story: Tony C. Dreibus in Chicago at tdreibus@bloomberg.net.

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.