Home / Markets / Markets Analysis / Corn market / Corn, Soybeans to Trade Higher Wednesday

Corn, Soybeans to Trade Higher Wednesday

Updated: 08/13/2014 @ 10:55am

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


The early calls for the commodities on Wednesday, August 13, 2014, are mostly stronger. Corn is seen opening 1 to 2 cents higher, soybeans 2 to 4 cents higher, and wheat 4 to 5 cents higher. In overnight trading, the Dec. corn futures contract traded 1 3/4 cents higher at $3.70 per bushel. Nov. soybean futures traded 2 3/4 cents higher at $10.62. The Sep. wheat futures contract traded 4 cents higher at $5.42. For Dec. soybean meal futures, the contract traded $2.00 per short ton higher at $345.50; Dec. soybean oil futures traded $0.11 lower at $34.87.


The outside markets are favorable for Wednesday'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 +

Video: Early Harvest Weather Could Delay… By: 09/04/2015 @ 12:50pm Combines have been rolling this week in the southern portion of Corn Belt states. However Dan…

Corn, Wheat End Higher Friday By: 09/04/2015 @ 8:47am DES MOINES, Iowa (Agriculture.com)—As the farm markets consider the long Memorial Day weekend…

Wheat Ends 13¢ Lower By: 09/03/2015 @ 9:08am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese-Notis Early Harvest Weather Outlook
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]