Home / Markets / Markets Analysis / Corn market / Corn, Soybean Prices Seen Jumping Up Friday

Corn, Soybean Prices Seen Jumping Up Friday

08/15/2014 @ 7:53am

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

The early calls for the commodities on Friday, August 15, 2014, are mostly stronger. Corn is seen opening 3 to 5 cents higher, soybeans 7 to 9 cents higher, and wheat 4 to 6 cents higher. In overnight trading, the Dec. corn futures contract traded 3 cents higher at $3.76 per bushel. Nov. soybean futures traded 7 1/2 cents higher at $10.63. The Sep. wheat futures contract traded 4 1/2 cents higher at $5.41. For Dec. soybean meal futures, the contract traded $4.10 per short ton higher at $355.20; Dec. soybean oil futures traded $0.13 lower at $33.73.

The outside markets are favorable for Friday's grain trade. The real factors driving the calls will be the mostly higher overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Port Strike Spotlights Corn, Soybean Export… By: 02/27/2015 @ 4:41pm The West Coast dockworkers slowdown that ended a week ago has highlighted new concerns for the…

Wheat Ends 12¢ Higher, Corn Higher Too By: 02/27/2015 @ 8:39am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

Soybeans Seen Extending Week's Gains… By: 02/27/2015 @ 7:33am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start higher. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Llamas, Commodity Classic and Photo of the Week
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]