Home / Markets / Markets Analysis / Corn market / Farm Markets Seen Mostly Lower Monday

Farm Markets Seen Mostly Lower Monday

05/12/2014 @ 7:49am

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


The early calls for the commodities on Monday, May 12, 2014, are weaker. Corn is seen opening 1 to 2 cents lower, soybeans 1 to 2 cents higher, and wheat 10 to 12 cents lower.

In overnight trading, the July corn futures contract traded 3 cents lower at $5.04 per bushel. July soybean futures traded 1/2 cent higher at $14.87. The July wheat futures contract traded 12 1/2 cents lower at $7.10. For July soybean meal futures, the contract traded $1.80 per short ton lower at $485.80; July soybean oil futures traded $0.49 higher at $41.67.


The outside markets are favorable 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
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 09/02/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--Crop disease concerns play into the CME Group's soybean…

Corn, Soybeans Seen Starting Higher Tuesday By: 09/02/2014 @ 8:01am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start…

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soybeans Rally on Crop Disease Concerns