Home / Markets / Markets Analysis / Corn market / Corn Seen Higher, Soybeans Lower Wednesday

Corn Seen Higher, Soybeans Lower Wednesday

05/07/2014 @ 7:50am

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

The early calls for the commodities on Wednesday, May 7, 2014, are  weaker. Corn is seen opening 2-4 cents higher, soybeans 3-5 cents lower, and wheat 1-2 cents lower.

In overnight trading, the July corn futures contract traded 1 1/4 cents higher at $5.18 per bushel. July soybean futures traded 5 cents lower at $14.54. The July wheat futures contract traded 2 1/2 cents lower at $7.36. For July soybean meal futures, the contract traded $2.40 per short ton lower at $475.10; July soybean oil futures traded $0.10 higher at $41.21.

The outside markets are favorable for Wednesday's grain trade. The real factors driving the calls will be the lower overnight markets.

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

CancelPost Comment

Wheat Prices Gain Strength Friday By: 03/27/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)—On Friday, the CME Group wheat market closed higher on a lack…

Corn, Soybean Markets Seen Lower Friday By: 03/27/2015 @ 7:39am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Corn, Soybeans Ended Lower Thursday By: 03/26/2015 @ 9:05am DES MOINES, Iowa (Agriculture.com)—On Thursday, the CME Group corn, soybean and wheat markets…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Seeds