Home / Markets / Markets Analysis / Corn market / Farm Markets to Drop Tuesday

Farm Markets to Drop Tuesday

08/05/2014 @ 7:30am

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


The early calls for the commodities on Tuesday, August 5, 2014, are weaker. Corn is seen opening 2 to 4 cents lower, soybeans 12 to 14 cents lower, and wheat 1 to 2 cents lower. In overnight trading, the Dec. corn futures contract traded 3 cents lower at $3.66 per bushel. Nov. soybean futures traded 12 1/2 cents lower at $10.67. The Sep. wheat futures contract traded 1 1/4 cents lower at $5.42. For Dec. soybean meal futures, the contract traded $3.50 per short ton lower at $344.30; Dec. soybean oil futures traded $0.47 lower at $35.93.


The outside markets are unfavorable for Tuesday'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 +

Corn, Soybean Markets Seen Weaker Wednesday By: 10/01/2014 @ 7:29am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start…

USDA Bullish Soybean Data Trumped By: 09/30/2014 @ 10:54am As of September 1, the USDA sees the U.S. soybean and corn stocks getting tighter.In its Quarterly…

Corn, Soybean Markets Dip Tuesday By: 09/30/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Pre-Harvest Checklist