Home / Markets / Markets Analysis / Corn market / Corn, Wheat Markets to Trade Higher Thursday

Corn, Wheat Markets to Trade Higher Thursday

04/24/2014 @ 7:57am

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


The early calls for the commodities on Thursday, April 24, 2013, are mixed. Corn is seen opening 1 to 2 cents higher, soybeans mixed, and wheat 8 to 10 cents higher.


In overnight trading, the July corn futures contract traded 1 3/4 cents higher at $5.11 per bushel. July soybean futures traded unchanged at $14.64. The July wheat futures contract traded 11 cents higher at $6.93. For July soybean meal futures, the contract traded $0.50 per short ton higher at $469.50. The July soyoil futures contract traded $0.16 lower at $42.62.


The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the mixed overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybeans Seen Extending Gains By: 12/10/2014 @ 5:52am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The Future of Livestock Production
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]