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 +

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Update - Late May, Early June
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]