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

Corn, Soybean Markets Seen Lower Thursday

Updated: 04/10/2014 @ 12:08pm

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

The early calls for the commodities on Thursday, April 10, 2014, are lower. Corn is seen opening 2 to 4 cents lower, soybeans 7 to 9 cents lower, and wheat mixed.

In overnight trading, the May corn futures contract traded 2 1/4 cents lower at $5.00 per bushel. May soybean futures traded 7 cents lower at $14.88. The May wheat futures contract traded unchanged at $6.69. For May soybean meal futures, the contract traded $1.40 per short ton lower at $480.70; May soybean oil futures traded $0.39 lower at $42.52.

The outside markets are mostly favorable for Thursday'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

2016 Basis Prices Vary Widely Depending on… By: 11/25/2015 @ 2:24pm This marketing year, farmers who are looking to pick up a few more cents per bushel for their corn…

Soybeans Close 11¢ Higher Wednesday By: 11/25/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the bulls stole the feast from the bears, with…

Soybeans, Corn End Lower Tuesday By: 11/24/2015 @ 8:50am DES MOINES, Iowa (Agriculture.com)-- On Tuesday, the CME Group's corn, soybean and wheat…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Successful Marketing Newsletter