Home / Markets / Markets Analysis / Corn market / Corn, soybeans seen lower Monday

Corn, soybeans seen lower Monday

03/18/2013 @ 7:56am

A lower trading day is seen for the CME Group farm markets Monday.

The early calls for the commodities on Monday, March 18, 2013, are lower. Corn is seen opening 5-7 cents lower. Soybeans are seen 14-15 cents lower and wheat 7-9 cents lower.

In overnight trading, the May corn futures contract traded 5 cents lower at $7.11 per bushel. May soybean futures traded 15 cents lower at $14.11 per bushel, and May wheat traded 9 cents lower at $7.13. For May soybean meal futures, the contract traded $5.20 per short ton lower at $413.60. May soybean oil futures traded $0.42 cents lower at $42.49.

The outside markets are unfavorable 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

03/18/2013 @ 8:53am No the real factors are the idiots doing the trading,no reason for beans to keep going down like this,it's just a game to you people.

Report Abuse Reply

Wheat Closes Up 10¢, Corn 4¢ By: 10/06/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean, and wheat…

USDA: U.S. Soybeans Nearly Half Harvested By: 10/05/2015 @ 4:09pm DES MOINES, Iowa (Agriculture.com)--On Monday, the USDA pegged the U.S. corn crop condition rating…

Soybeans End 10¢ Higher Monday By: 10/05/2015 @ 8:49am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market rallie to a…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Innovative Features in the New Can-Am Defender