Home / Markets / Markets Analysis / Corn market / Farm markets to start lower Wednesday

Farm markets to start lower Wednesday

Updated: 02/12/2014 @ 6:34pm

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


The early calls for the commodities on Wednesday, February 12, 2014, are weaker. Corn is seen opening 1 to 2 cents lower, soybeans 2 to 4 cents lower, and wheat 1 to 2 cents lower.


In overnight trading, the March corn futures contract traded 2 cents lower at $4.39 per bushel. March soybean futures traded 3 1/2 cents lower at $13.31. The March wheat futures contract traded 3/4 cent lower at $5.89. For March soybean meal futures, the contract traded $1.50 per short ton lower at $447.70.


The outside markets are unfavorable for Wednesday'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 +

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA…

Corn, Soybeans End Higher Monday By: 08/31/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market turnaround…

Corn, Soybeans Seen Lower Monday By: 08/31/2015 @ 6:21am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]