Home / Markets / Markets Analysis / Corn market / Corn, soybeans to push higher

Corn, soybeans to push higher

02/04/2013 @ 7:40am

The CME Group corn, soybean and wheat markets will have a stronger start to them Monday.

The early calls for the commodities on Monday, February 4, 2013, are higher. Corn is seen opening 2-4 cents higher. Soybeans are seen 10-12 cents higher and wheat 3-5 cents higher.

In overnight trading, the March corn futures contract traded 2 cents higher at $7.38 per bushel. March soybean futures traded 14 cents higher at $14.88 per bushel, and March wheat traded 4 cents higher at $7.69. For March soybean meal futures, the contract traded $4.30 per short ton higher at $432.50. March soybean oil futures traded $0.47 cents higher at $53.46. 

The outside markets are unfavorable for Monday'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 +

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

Soybeans Close Lower, Wheat Higher By: 08/27/2014 @ 9:03am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group soybean, wheat markets ended…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Put Rolls Sending Bearish Signals