Home / Markets / Markets Analysis / Corn market / Higher corn, soybean prices seen Thursday

Higher corn, soybean prices seen Thursday

02/13/2014 @ 8:03am

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

The early calls for the commodities on Thursday, February 13, 2014, are weaker. Corn is seen opening 1-2 cents higher, soybeans 2-4 cents higher, and wheat 1-2 cents higher.

In overnight trading, the March corn futures contract traded 3/4 of a  cent higher at $4.40 per bushel. March soybean futures traded 4 3/4 cents higher at $13.27. The March wheat futures contract traded 3 1/4 cents higher at $5.90. For March soybean meal futures, the contract traded $0.50 per short ton higher at $444.00. March soybean oil futures traded $0.24 higher at $39.23.

The outside markets are favorable for Thursday'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 +

Corn, Soybeans End Lower By: 08/26/2014 @ 9:07am DES MOINES, Iowa (Agriculture.com)--The CME Group corn and soybean markets finished lower…

Lower Corn, Soybean Markets Seen Tuesday By: 08/26/2014 @ 7:26am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close Higher, Corn Lower By: 08/18/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group soybean market finished…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Crop Ratings Weigh on Farm Markets