Home / Markets / Markets Analysis / Corn market / Soybean Prices to Tick Higher Wednesday

Soybean Prices to Tick Higher Wednesday

Updated: 07/23/2014 @ 9:33am

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

The early calls for the commodities on Wednesday, July 23, 2014, are mostly lower. Corn is seen opening 1 to 2 cents lower, soybeans 3 to 5 cents higher and wheat 1 to 2 cents lower. In overnight trading, the Dec. corn futures contract traded 1/4 cent lower at $3.68 per bushel. Nov. soybean futures traded 3 cents higher at $10.60. The Sep. wheat futures contract traded 1/2 cent lower at $5.24. For Dec. soybean meal futures, the contract traded $2.30 per short ton higher at $344.00; Dec. soybean oil futures traded $0.08 lower at $35.95.

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

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

CancelPost Comment

Soybeans Close 8¢ Higher Tuesday By: 12/01/2015 @ 9:09am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean markets closed…

EPA Raises RFS Volume Requirements By: 11/30/2015 @ 2:14pm DES MOINES, Iowa (Agriculture.com)—On Monday, the Environmental Protection Agency announced it…

Soybeans, Corn End Higher Monday By: 11/30/2015 @ 8:59am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn and soybean markets closed…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Successful Marketing Newsletter