Home / Markets / Markets Analysis / Corn market / Farm Markets Seen Dropping Monday

Farm Markets Seen Dropping Monday

07/21/2014 @ 6:40am

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

The early calls for the commodities on Monday, July 21, 2014, are weaker. Corn is seen opening 4 to 6 cents lower, soybeans 12 to 14 cents lower, and wheat 5 to 7 cents lower.

In overnight trading, the Dec. corn futures contract traded 6 cents lower at $3.72 per bushel. Nov. soybean futures traded 14 3/4 cents lower at $10.70. The Sep. wheat futures contract traded 5 cents lower at $5.27. For Dec. soybean meal futures, the contract traded $5.80 per short ton lower at $346.00; Dec. soybean oil futures traded $0.22 lower at $36.50.

The outside markets are unfavorable for Monday'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

Corn Settled Slightly Higher By: 09/16/2014 @ 8:42am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn, soybean, and wheat…

USDA: Corn Harvest Is 4% Complete By: 09/15/2014 @ 3:40pm As expected, the U.S. corn and soybean crop condition ratings have been left unchanged from a week…

Corn, Soybeans Close Higher By: 09/15/2014 @ 8:52am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group corn and soybean markets…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Case IH Magnum Rowtrac