Home / Markets / Markets Analysis / Corn market / Corn, soybean prices seen falling Tuesday

Corn, soybean prices seen falling Tuesday

03/11/2014 @ 7:55am

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


The early calls for the commodities on Tuesday, March 11, 2014, are weaker. Corn is seen opening 1 to 2 cents lower, soybeans 1 to 2 cents lower, and wheat 3 to 5 cents higher.


In overnight trading, the May corn futures contract traded 1 cent lower at $4.77 per bushel. May soybean futures traded 1 3/4 cents lower at $14.17. The May wheat futures contract traded 3 1/2 cents higher at $6.44. For May soybean meal futures, the contract traded $0.50 per short ton lower at $444.20; May soybean oil futures traded $0.12 higher at $43.98.


The outside markets are unfavorable for Tuesday's grain trade. The real factors driving the calls will be the mostly lower overnight markets.


Discuss the corn, soybean, and wheat markets in Marketing Talk.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 09/02/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--Crop disease concerns play into the CME Group's soybean…

Corn, Soybeans Seen Starting Higher Tuesday By: 09/02/2014 @ 8:01am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start…

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soybeans Rally on Crop Disease Concerns