Home / Markets / Markets Analysis / Corn market / Corn, Soybeans to Move Lower Friday

Corn, Soybeans to Move Lower Friday

07/25/2014 @ 7:41am

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


The early calls for the commodities on Friday, July 25, 2014, are lower. Corn is seen opening 2 to 4 cents lower, soybeans 10 to 12 cents lower, and wheat 1 to 2 cents lower. In overnight trading, the Dec. corn futures contract traded 3 cents lower at $3.66 per bushel. Nov. soybean futures traded 10 1/4 cents lower at $10.74. The Sep. wheat futures contract traded unchanged at $5.28. For Dec. soybean meal futures, the contract traded $2.40 per short ton lower at $347.60; Dec. soybean oil futures traded $0.26 lower at $36.09.


The outside markets are favorable for Friday'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
MORE FROM MIKE MCGINNIS more +

Soybeans Rally 14¢ Tuesday By: 10/21/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)—Buyers have stepped in and have underpinned the CME Group’s…

Harvest Pressure Sinks Soybeans By: 10/20/2014 @ 8:50am DES MOINES, Iowa (Agriculture.com)— The CME Group’s corn, soybean, and wheat markets finished…

Corn, Soybeans Seen Falling Monday By: 10/20/2014 @ 6:49am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?