Home / Markets / Markets Analysis / Corn market / Corn, Soybean Markets Seen Lower Friday

Corn, Soybean Markets Seen Lower Friday

04/11/2014 @ 8:00am

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

The early calls for the commodities on Friday, April 11, 2014, are lower. Corn is seen opening 2-4 cents lower, soybeans 7-9 cents lower, and wheat lower.

In overnight trading, the May corn futures contract traded 1 cents lower at $5.00 per bushel. May soybean futures traded 6 3/4 cents lower at $14.75. The May wheat futures contract traded 5 1/4 cents lower at $6.57. For May soybean meal futures, the contract traded unchanged  at $479.50; May soybean oil futures traded $0.34 lower at $42.16.

The outside markets are unfavorable for Friday'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 +

Soybeans Rally On Export Inspections By: 12/22/2014 @ 2:23pm DES MOINES, Iowa (Agriculture.com)—On Monday, the CME Group’s soybean market finished higher…

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Chainsaw Accessories
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]