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 +

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybeans Seen Extending Gains By: 12/10/2014 @ 5:52am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Chainsaw Accessories
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]