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 +

USDA Bullish Soybean Data Trumped By: 09/30/2014 @ 10:54am As of September 1, the USDA sees the U.S. soybean and corn stocks getting tighter.In its Quarterly…

Corn, Soybean Markets Dip Tuesday By: 09/30/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean, and wheat…

Corn, Soybeans to Drop Tuesday By: 09/30/2014 @ 8:01am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Pre-Harvest Checklist