Home / Markets / Markets Analysis / Corn market / Farm markets seen mostly weaker Tuesday

Farm markets seen mostly weaker Tuesday

02/25/2014 @ 7:53am

On Tuesday, the CME Group's corn, soybean markets are expected to start lower, while wheat prices are seen slightly higher.

The early calls for the commodities on Tuesday, February 25, 2014, are mostly weaker. Corn is seen opening 1-2 cents lower, soybeans 1-2 cents lower, and wheat 1-2 cents higher.

In overnight trading, the May corn futures contract traded 1/4 of  a cent lower at $4.57 per bushel. May soybean futures traded 1 3/4 cents lower at $13.73. The May wheat futures contract traded 1/4 of a cent higher at $6.17. For May soybean meal futures, the contract traded $0.70 per short ton lower at $448.00; May soybean oil futures traded $0.21 lower at $40.82.

The outside markets are favorable for Tuesday'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 +

Soybeans Open Double-Digits Lower Friday By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

Corn, Soybeans To Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean and wheat markets are expected to start lower. The…

Soybeans End Up, Lose Big Gains By: 07/24/2014 @ 8:51am DES MOINES, Iowa (Agriculture.com)--On Thursday, while the CME  Group soybean market gave back…

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