Home / Markets / Markets Analysis / Corn market / Corn, soybean prices to start higher

Corn, soybean prices to start higher

01/07/2013 @ 8:16am

The CME Group commodities are expected to start higher Monday. The early calls for the commodities on Monday, January 7, 2012, are higher. Corn is seen opening 2 to 4 cents higher. Soybeans are seen 8 to 10 cents higher, and wheat 4 cents higher.


In overnight trading, the March corn futures contract traded 4 cents higher at  $6.84 per bushel. January soybean futures traded 8 cents higher at $13.97 per bushel, and March wheat traded 4 cents higher at $7.51. For January soybean meal futures, the contract traded $2.00 per short ton higher at $400.20. January soybean oil futures traded 1 cent higher at $49.43.

 

The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the higher overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Farm Markets Start Lower Wednesday By: 10/01/2014 @ 8:49am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybean Markets Seen Weaker Wednesday By: 10/01/2014 @ 7:29am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start…

USDA Bullish Soybean Data Trumped By: 09/30/2014 @ 10:54am As of September 1, the USDA sees the U.S. soybean and corn stocks getting tighter.In its Quarterly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Pre-Harvest Checklist