Home / Markets / Markets Analysis / Corn market / Corn, Soybean Markets Seen Falling Wednesday

Corn, Soybean Markets Seen Falling Wednesday

04/23/2014 @ 7:58am

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

The early calls for the commodities on Wednesday, April 23, 2013, are weaker. Corn is seen opening 1-2 cents lower, soybeans 6-8 cents lower, and wheat 3-4 cents lower.

In overnight trading, the July corn futures contract traded 1/4 of a cent lower at $5.01 per bushel. July soybean futures traded 6 3/4 cents higher at $14.64. The July wheat futures contract traded 3 3/4 cents lower at $6.75. For July soybean meal futures, the contract traded $2.30 per short ton lower at $468.00.

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
MORE FROM MIKE MCGINNIS more +

Corn Falls On "Confusing" EPA… By: 05/29/2015 @ 10:36am With the EPA announcement on a new Renewable Fuels Standard Friday signaling little growth for the…

Corn Ends Lower On EPA News By: 05/29/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn market finished lower on…

Corn To Move Slightly Higher Friday By: 05/29/2015 @ 7:32am On Friday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The 'A' List: Month's End Markets, Grain Storage, and Farm Policy
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]