Home / Markets / Markets Analysis / Corn market / Higher farm markets seen Monday

Higher farm markets seen Monday

03/24/2014 @ 7:59am

On Monday, the CME Group's soybean market is expected to start higher.


The early calls for the commodities on Monday, March 24, 2014, are higher. Corn is seen opening 2 to 4 cents higher, soybeans 8 to 10 cents higher, and wheat 7 to 9 cents higher.


In overnight trading, the May corn futures contract traded 4 cents higher at $4.83 per bushel. May soybean futures traded 8 1/4 cents higher at $14.17. The May wheat futures contract traded 7 3/4 cents higher at $7.01. For May soybean meal futures, the contract traded $2.90 per short ton higher at $458.80; May soybean oil futures traded $0.07 higher at $41.09.


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 Trade Slightly Higher Friday By: 10/31/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)—The CME Group corn, soybean and wheat markets trade mostly…

Lower Farm Markets Seen For Friday By: 10/31/2014 @ 8:13am On Friday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes