Home / Markets / Markets Analysis / Corn market / Corn, Soybean Prices Seen Weaker Friday

Corn, Soybean Prices Seen Weaker Friday

03/28/2014 @ 7:52am

On Friday, the CME Group's corn, soybean, and wheat markets are seen lower.


The early calls for the commodities on Friday, March 28, 2014, are lower. Corn is seen opening 2 to 4 cents lower, soybeans 3 to 5 cents lower, and wheat 5 to 7 cents lower.


In overnight trading, the May corn futures contract traded 1 3/4 cents lower at $4.90 per bushel. May soybean futures traded 3 3/4 cents lower at $14.34. The May wheat futures contract traded 8 cents lower at $7.02. For May soybean meal futures, the contract traded $0.50 per short ton lower at $470.00; May soybean oil futures traded $0.07 higher at $40.50.


The outside markets are unfavorable for Friday'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
MORE FROM MIKE MCGINNIS more +

Corn, Soybeans Close Lower Friday By: 10/17/2014 @ 8:46am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets closed weaker on improved harvest…

Corn, Wheat Markets Seen Higher Friday By: 10/17/2014 @ 8:06am The CME Group corn, soybean and wheat markets are poised to start mostly higher.  The Early…

Soybeans Close 14¢ Higher Thursday By: 10/16/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)—The CME Group’s corn, soybean and wheat markets closed…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Over-Arching Issues at the World Food Prize