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

Corn Market Seen Higher Monday

08/18/2014 @ 8:10am

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

Soybeans Push Higher on USDA Data By: 10/09/2015 @ 9:01am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market is responding…

US Grain, Soybean Carryouts Drop By: 10/08/2015 @ 12:19pm DES MOINEA, Iowa (Agriculture.com)--In all cases, the USDA raised the U.S. corn, soybean and wheat…

WASDE: U.S. Soybean Harvested Acreage Falls By: 10/08/2015 @ 12:02pm DES MOINES, Iowa (Agriculture.com)--The USDA lowered the U.S. 2015 corn and soybean production…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese Notis Midwest Weather Outlook