Home / Markets / Markets Analysis / Corn market / Corn, Soybean Prices Seen Falling Monday

Corn, Soybean Prices Seen Falling Monday

07/07/2014 @ 7:37am

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


The early calls for the commodities on Monday, July 7, 2014, are weaker. Corn is seen opening 2 to 4 cents lower, soybeans 7 to 9 cents lower, and wheat 2 to 4 cents higher.

In overnight trading, the Dec. corn futures contract traded 2 3/4 cents lower at $4.15 per bushel. Nov. soybean futures traded 8 cents lower at $11.33. The Sep. wheat futures contract traded 4 cents higher at $5.79. For Dec. soybean meal futures, the contract traded $2.90 per short ton lower at $360.20; Dec. soybean oil futures traded $0.01 lower at $38.77.


The outside markets are favorable for Monday'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

07/07/2014 @ 7:51am Hope you enjoyed yet another long holiday weekend off,dont worry though the farmers were out tending to you're crop so you could come back today to you're job not your livelihood.

Report Abuse Reply
MORE FROM MIKE MCGINNIS more +

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

Corn, Wheat to Trade Higher Thursday By: 10/30/2014 @ 7:44am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

Soybeans Close 35¢ Higher Wednesday By: 10/29/2014 @ 9:12am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group soybean complex ended on a sharp…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes