Home / Markets / Markets Analysis / Corn market / Corn, soybeans to start week higher

Corn, soybeans to start week higher

01/28/2013 @ 7:36am

The CME Group corn, soybean and wheat markets have a slightly higher bend to them Monday.

The early calls for the commodities on Monday, January 26, 2013, are higher. Corn is seen opening 1-2 cents higher. Soybeans are seen 2-4 cents higher and wheat 1-2 cents lower.

In overnight trading, the March corn futures contract traded 1 cent higher at $7.22 per bushel. March soybean futures traded 2 cents higher at $14.43 per bushel, and March wheat traded 1 cent lower at $7.75. For March soybean meal futures, the contract traded $0.60 per short ton higher at $417.00. March soybean oil futures traded $0.02 cents higher at $52.12. 

The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the mostly higher overnight markets.


Discuss the corn, soybean and wheat markets in Marketing Talk.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Scott Shellady: Options 101