Home / Markets / Markets Analysis / Corn market / Corn seen lower, soybeans higher Monday

Corn seen lower, soybeans higher Monday

02/10/2014 @ 8:00am

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, February 10, 2014, are mostly weaker. Corn is seen opening 1-2 cents lower, soybeans 1-2 cents higher, and wheat 1-2 cents lower.

In overnight trading, the March corn futures contract traded 2 1/4 cents lower at $4.42 per bushel. March soybean futures traded 2 cents higher at $13.33. The March wheat futures contract traded 3 3/4 cents lower at $5.73. For March soybean meal futures, the contract traded $0.30 per short ton lower at $446.10.

The outside markets are favorable 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 +

Soybeans Close 13¢ Lower Tuesday By: 11/18/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)—Acting like a ‘turnaround Tuesday’, the CME Group soybean…

Soybeans Seen Slightly Higher Tuesday By: 11/18/2014 @ 6:36am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close 13¢ Higher Monday By: 11/17/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)—On Monday, the CME Group soybean market closed higher, with…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cool Tools Christmas Edition: Part 2