Home / Markets / Markets Analysis / Corn market / Corn, soybeans to go up

Corn, soybeans to go up

03/19/2013 @ 6:58am

DES MOINES, Iowa (Agriculture.com)--A higher trading day is seen for the CME Group farm markets Tuesday.

The early calls for the commodities on Tuesday, March 19, 2013, are higher. Corn is seen opening 4-6 cents higher. Soybeans are seen 3-5 cents higher and wheat 2-4 cents higher.

In overnight trading, the May corn futures contract traded 4 cents higher at $7.24 per bushel. May soybean futures traded 3 cents higher at $14.13 per bushel, and May wheat traded 2 cents lower at $7.15. For May soybean meal futures, the contract traded $0.60 per short ton higher at $413.90. May soybean oil futures traded $0.08 cents higher at $49.76.

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
MORE FROM MIKE MCGINNIS more +

Soybeans Fall 20¢ By: 07/06/2015 @ 8:40am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn, soybean, and wheat…

Corn, Soybean Prices Seen Sharply Lower… By: 07/06/2015 @ 7:57am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

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…

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]