Home / Markets / Markets Analysis / Corn market / Corn Market Seen Higher Monday

Corn Market Seen Higher Monday

08/18/2014 @ 8:08am

On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly lower.

The early calls for the commodities on Monday, August 18, 2014, are mostly weaker. Corn is seen opening 2 to 4 cents higher, soybeans 1 to 2 cents lower, and wheat 4 to 6 cents lower. In overnight trading, the Dec. corn futures contract traded 2 cents higher at $3.79 per bushel. Nov. soybean futures traded 1 cent lower at $10.51. The Sep. wheat futures contract traded 5 3/4 cents lower at $5.57. For Dec. soybean meal futures, the contract traded $0.90 per short ton higher at $352.60; Dec. soybean oil futures traded $0.07 higher at $33.28.

The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the mostly lower overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Profit-taking Sinks Soybeans, Corn By: 10/24/2014 @ 8:57am DES MOINES, Iowa (Agriculture.com)—With the CME Group’s corn, soybean and wheat markets turning…

Soybeans Close 20¢ Higher Tuesday By: 10/21/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)—Slow harvest pace and buyers’ participation have underpinned…

Harvest Pressure Sinks Soybeans By: 10/20/2014 @ 8:50am DES MOINES, Iowa (Agriculture.com)— The CME Group’s corn, soybean, and wheat markets finished…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?