Home / Markets / Markets Analysis / Corn market / Corn, Soybeans To Trade Lower Tuesday

Corn, Soybeans To Trade Lower Tuesday

06/03/2014 @ 7:45am

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

The early calls for the commodities on Tuesday, June 3, 2014, are weaker. Corn is seen opening 1-2 cents lower, soybeans 10-12 cents lower, and wheat 1-2 cents lower.

In overnight trading, the July corn futures contract traded 3 3/4 cents lower at $4.61 per bushel. July soybean futures traded 10 1/4 cents lower at $14.90. The July wheat futures contract traded 1 3/4 cents lower at $6.19. For July soybean meal futures, the contract traded $3.10 per short ton lower at $502.90; July soybean oil futures traded $0.30 lower at $38.01.

The outside markets are favorable for Tuesday'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 +

Farm Markets Remain Lower Thursday By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets remain under selling pressure…

Corn, Wheat To Trade Higher Thursday By: 10/30/2014 @ 7:44am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 35¢ Higher Wednesday By: 10/29/2014 @ 9:12am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group soybean complex ended on a sharp…

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?