Home / Markets / Markets Analysis / Corn market / Corn, Soybean Markets to Start Slightly Higher Wednesday

Corn, Soybean Markets to Start Slightly Higher Wednesday

Updated: 06/11/2014 @ 12:02pm

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

The early calls for the commodities on Wednesday, June 11, 2014, are slightly stronger. Corn is seen opening 1 to 2 cents higher, soybeans 1 to 2 cents higher, and wheat 2 to 4 cents higher.

In overnight trading, the July corn futures contract traded 1/4 cent higher at $4.45 per bushel. July soybean futures traded 1/4 cent higher at $14.62. The July wheat futures contract traded 2 3/4 cents higher at $6.04. For July soybean meal futures, the contract traded $2.80 per short ton higher at $487.30; July soybean oil futures traded $0.10 lower at $38.84.

The outside markets are unfavorable for Wednesday's grain trade. The real factors driving the calls will be the higher 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