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

Corn, soybean prices to start higher

Updated: 01/07/2013 @ 3:47pm

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 +

Wheat Ends 13¢ Lower By: 09/03/2015 @ 9:08am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean, and wheat…

Corn Seen Lower, Soybeans Higher Thursday By: 09/03/2015 @ 7:38am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans, Corn End Weaker By: 09/02/2015 @ 8:55am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
NCGA Connects with Consumers
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]