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

Corn, Soybean Prices Seen Jumping Up Friday

08/15/2014 @ 7:54am

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 +

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA…

Corn, Soybeans End Higher Monday By: 08/31/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market turnaround…

Corn, Soybeans Seen Lower Monday By: 08/31/2015 @ 6:21am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]