Home / Markets / Markets Analysis / Corn market / Lower Farm Markets Seen for Monday

Lower Farm Markets Seen for Monday

Updated: 05/19/2014 @ 9:08am

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

The early calls for the commodities on Monday, May 19, 2014, are mostly lower. Corn is seen opening 4 to 6 cents lower, soybeans 1 to 2 cents lower, and wheat 3 to 5 cents lower.

In overnight trading, the July corn futures contract traded 5 cents lower at $4.77 per bushel. July soybean futures traded 1 to 2 cents lower (old-crop) at $14.64. The July wheat futures contract traded 3 3/4 cents higher at $6.70. For July soybean meal futures, the contract traded $0.80 per short ton higher at $481.00; July soybean oil futures traded $0.13 lower at $40.62.

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

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

CancelPost Comment

05/19/2014 @ 7:34am No the real factors driving the call are the morons at the cbot

Report Abuse Reply

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

U.S. Grain, Soybean Carryouts Drop By: 10/08/2015 @ 12:19pm DES MOINEA, Iowa (Agriculture.com)--In all cases, the USDA raised the U.S. corn, soybean, and wheat…

WASDE: U.S. Soybean Harvested Acreage Falls By: 10/08/2015 @ 12:02pm DES MOINES, Iowa (Agriculture.com)--The USDA lowered the U.S. 2015 corn and soybean production…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese Notis Midwest Weather Outlook