Home / Markets / Markets Analysis / Corn market / Grain Markets to Trade Up Monday

Grain Markets to Trade Up Monday

06/16/2014 @ 8:03am

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


The early calls for the commodities on Friday, June 16, 2014, are stronger. Corn is seen opening 1 to 2 cents higher, soybeans 3 to 5 cents higher, and wheat 6 to 8 cents higher.


In overnight trading, the July corn futures contract traded 1/4 cent higher at $4.47 per bushel. July soybean futures traded 3 3/4 cents higher at $14.29. The July wheat futures contract traded 6 1/2 cents higher at $5.92. For July soybean meal futures, the contract traded $2.50 per short ton higher at $470.40; July soybean oil futures traded $0.27 lower at $39.42.


The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the higher overnight markets.


Discuss the corn, soybean, and wheat markets in Marketing Talk.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 30¢ Lower By: 07/07/2015 @ 8:45am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's soybean market closed…

Corn, Soybeans Seen Extending Losses Tuesday By: 07/07/2015 @ 7:14am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start lower. The…

USDA: U.S. Corn Crop Rating Improves By: 07/06/2015 @ 3:54pm DES MOINES, Iowa (Agriculture.com)—The U.S. crop condition ratings came in better than expected…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-Happy Landlords
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]