Home / Markets / Markets Analysis / Corn market / Corn, soybean prices to open mixed

Corn, soybean prices to open mixed

04/30/2012 @ 7:32am

Mostly lower overnight farm markets have the trade thinking the day trading session could follow, with little fresh news Monday. 

The Early Calls for the commodities on Monday, April 30, 2012, are mostly lower. 

Corn is seen opening 1-2 cents higher, soybeans 3-5 cents lower and wheat 6-8 cents lower.

In overnight trading, the July corn futures contract traded 3/4 of a cent higher at $6.26 1/4 per bushel. July soybean futures traded 4 1/2 cents lower at $14.89 per bushel, and July wheat traded 6 3/4 cents lower at $6.43 1/4. For July soybean meal futures, the contract traded $0.80 per short ton lower at $427.60. July soybean oil futures traded $0.13 lower at $55.40.

The outside markets are unfriendly 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
MORE FROM MIKE MCGINNIS more +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Grains, Soybeans Mixed to Close Thursday By: 07/02/2015 @ 8:56am Grains and soybeans were mixed to close the day Thursday. At the open, the September corn…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-Happy Landlords
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]