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

Soybeans Extend Gains Tuesday By: 10/13/2015 @ 8:39am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group corn, soybean markets diverge.At the…

Soybeans Close Slightly Higher Monday By: 10/12/2015 @ 9:24am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market gave back most…

Soybeans Close 4¢ Higher By: 10/09/2015 @ 9:01am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market closed…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Innovative Features in the New Can-Am Defender