Home / Markets / Markets Analysis / Corn market / Soybeans, Corn Seen Higher Thursday

Soybeans, Corn Seen Higher Thursday

03/27/2014 @ 8:00am

The CME Group corn, soybean, and wheat markets are poised to start slightly higher, although traders head to the sidelines ahead of next Monday's Planting Intentions/Quarterly Stocks Report. 

 

The early calls for the commodities on Thurssay, March 27,  2014, are mostly higher. Corn is seen opening 1 to 2 cents higher, soybeans 4 to 6 cents higher, and wheat 1 to 2 cents lower.


In overnight trading, the May corn traded 1 1/4 cents higher at $4.85 per bushel, while the Dec. contract traded unchanged at $4.84.  May soybean futures traded 4 cents higher at $14.44 per bushel, while the Nov. soybean futures are 3 1/4 cents lower at $11.96. May wheat futures traded 3 3/4 cents lower at $6.93.


The outside markets are unfavorable for Thursday'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
MORE FROM MIKE MCGINNIS more +

Corn Market Ends 5¢ Higher By: 05/21/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn and wheat markets closed…

Corn, Soybeans Seen Trading Higher Thursday By: 05/21/2015 @ 7:24am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start…

Where's This Market Going? By: 05/20/2015 @ 2:39pm It may sound like a brainy quote from Yogi Berra when the farm markets are described like this:…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The 'A' List: Bull, Bears and Piggy Banks
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]