Home / Markets / Markets Analysis / Corn market / Corn, Soybeans Seen Starting Higher Tuesday

Corn, Soybeans Seen Starting Higher Tuesday

09/02/2014 @ 8:01am

On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start higher.

The early calls for the commodities on Tuesday, September 2, 2014, are mostly stronger. Corn is seen opening 1 to 2 cents higher, soybeans 4 to 6 cents higher, and wheat 1 to 2 cents lower. In overnight trading, the Dec. corn futures contract traded 3/4 cent higher at $3.65 per bushel. Nov. soybean futures traded 3 3/4 cents higher at $10.28. The Dec. wheat futures contract traded 1 1/2 cents lower at $5.62. 

For Dec. soybean meal futures, the contract traded $0.20 per short ton higher at $350.90; Dec. soybean oil futures traded $0.20 higher at $32.34.

The outside markets are unfavorable for Tuesday'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

Corn, Wheat Prices Turn Higher By: 05/28/2015 @ 9:04am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn and wheat markets trade…

Corn, Soybean Markets Look Upward Thursday By: 05/28/2015 @ 7:21am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Stay Firm Wednesday By: 05/27/2015 @ 8:58am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's soybean market finished off…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
The 'A' List: El Nino and Clean Water