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

Farm Markets Seen Mixed Thursday

06/10/2014 @ 7:30am

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


The early calls for the commodities on Tuesday, June 10, 2014, are stronger. Corn is seen opening 2 to 4 cents higher, soybeans 4 to 6 cents higher, and wheat 1 to 2 cents higher.


In overnight trading, the July corn futures contract traded 2 1/4 cents higher at $4.53 per bushel. July soybean futures traded 6 3/4 cents higher at $14.63. The July wheat futures contract traded 3/4 cent higher at $6.13. For July soybean meal futures, the contract traded $3.50 per short ton higher at $485.70; July soybean oil futures traded $0.32 lower at $38.96.


The outside markets are unfavorable for Tuesday's grain trade. The real factors driving the calls will be the higher overnight markets.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Port Strike Spotlights Corn, Soybean Export… By: 02/27/2015 @ 4:41pm The West Coast dockworkers strike that ended a week ago has highlighted new concerns for the…

Wheat Ends 12¢ Higher, Corn Higher Too By: 02/27/2015 @ 8:39am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

Soybeans Seen Extending Week's Gains… By: 02/27/2015 @ 7:33am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start higher. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Llamas, Commodity Classic and Photo of the Week
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]