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 +

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.
The Future of Livestock Production
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]