Home / Markets / Markets Analysis / Corn market / Farm Markets Seen Mixed Thursday

Farm Markets Seen Mixed Thursday

05/15/2014 @ 7:30am

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

The early calls for the commodities on Thursday, May 15, 2014, are weaker. Corn is seen opening 1-2 cents lower, soybeans 1-2 cents higher, and wheat 3-5 cents lower.

In overnight trading, the July corn futures contract traded 2 1/2 cents lower at $4.93 per bushel. July soybean futures traded 1/2 of a cent higher at $14.87. The July wheat futures contract traded 3 3/4 cents lower at $6.86. For July soybean meal futures, the contract traded unchanged at $486.50; July soybean oil futures traded $0.14 higher at $41.52.

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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Grains, Soybeans Mixed to Close Thursday By: 07/02/2015 @ 8:56am Grains and soybeans were mixed to close the day Thursday. At the open, the September corn…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, 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.
Cover Crops-Happy Landlords
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]