Home / Markets / Markets Analysis / Corn market / Friday's corn, soybean markets to dip

Friday's corn, soybean markets to dip

09/20/2013 @ 7:34am

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


The early calls for the commodities on Friday, September 20, 2013, are lower. Corn is seen opening 1 to 2 cents lower, soybeans 10 to 12 cents lower, and wheat 4 to 5 cents lower.


In overnight trading, the Dec. corn futures traded 1 1/2 cents lower at $4.58 per bushel. The Nov. soybean futures traded 15 cents lower at $13.24. The Dec. wheat futures contract traded 4 cents lower at $6.53. For Dec. soybean meal futures, the contract traded $4.10 per short ton lower at $416.30; Dec. soybean oil futures traded $0.40 lower at $42.56.


The outside markets are favorable for Friday's grain trade. The real factors driving the calls will be the lower overnight markets.


JOIN US: The Successful Farming Marketing Academy.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn, Wheat Markets Trade Higher By: 07/30/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group corn and wheat markets have stayed…

Soybean, Corn Markets To Dip Wednesday By: 07/30/2014 @ 7:43am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans, Wheat Close Double-Digits Lower By: 07/29/2014 @ 3:12pm On Tuesday, the CME Group soybean market took back some of the gains from yesterday.At the close…

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