Home / Markets / Markets Analysis / Corn market / Slightly higher farm markets seen Wednesday

Slightly higher farm markets seen Wednesday

02/19/2014 @ 7:29am

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

The early calls for the commodities on Wednesday, February 19, 2014, are higher. Corn is seen opening 1-2 cents higher, soybeans 1-2 cents higher, and wheat 1-2 cents higher.

In overnight trading, the March corn futures contract traded 3/4 of cent higher at $4.49 per bushel. March soybean futures traded 1 cent higher at $13.62. The March wheat futures contract traded 1 cent higher at $6.13. For March soybean meal futures, the contract traded $1.50 per short ton higher at $458.40; March soybean oil futures traded $0.17 lower at $40.19.

The outside markets are unfavorable for Wednesday'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 +

Outlook: Harvest Weather Seen Favorable… By: 09/19/2014 @ 11:47am At least one thing is clear. The Midwest frost threat is no longer a worry, through early October…

Soybeans, Wheat Drop Double-Digits By: 09/19/2014 @ 8:38am DES MOINES, iowa (Agriculture.com)—Big yields, favorable weather, held the CME Group’s corn…

All Farm Markets Seen Weaker Friday By: 09/19/2014 @ 7:31am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Improving Soil Health