Home / Markets / Markets Analysis / Corn market / Outside markets buoy grain futures

Outside markets buoy grain futures

Jeff Caldwell 11/28/2011 @ 9:54am Multimedia Editor for Agriculture.com and Successful Farming magazine.

The grain markets -- like the financials and other indices -- have spent a lot of time in the red lately. Is Monday the start of a turnaround?

Nearby corn jumped 10 1/2 cents in early trading Monday morning, up to $5.93 per bushel, according to Barchart.com. January soybeans traded 16 cents higher at $11.22 1/2 and December wheat was 5 3/4 higher at $5.80 1/4 per bushel.

The grains aren't the only sector trending higher Monday -- The Dow Jones Industrial Average was more than 300 points higher in early trading, up almost 2.8%. Crude oil is higher and the U.S. Dollar index is slightly lower.

CancelPost Comment
MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Corn dips to end a 'horrible' trading week Friday, April 5
MORE FROM JEFF CALDWELL more +

8 cover crop tips for a cool spring By: 04/04/2013 @ 9:14am A year ago, farmers around the nation were already in the field planting the 2012 corn crop. But ...

Young farmers & large farms may mix -- ... By: 04/03/2013 @ 7:38am Young farmers typically face an uphill climb in getting a foothold in row crop agriculture ...

Corn acres dodging 2012 drought areas By: 04/03/2013 @ 7:24am This year's corn acres are seemingly dodging the areas where drought hit farmers hardest in ...