Home / Markets / Markets Analysis / Corn market / Soybeans seen extending gains Friday

Soybeans seen extending gains Friday

02/14/2014 @ 8:02am

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

The early calls for the commodities on Friday, February 14, 2014, are stronger. Corn is seen opening 1-2 cents higher, soybeans 6-8 cents higher, and wheat 5-7 cents higher.

In overnight trading, the March corn futures contract traded 1 3/4 cents higher at $4.42 per bushel. March soybean futures traded 6 3/4 cents higher at $13.51. The March wheat futures contract traded 5 1/4 cents higher at $6.01. For March soybean meal futures, the contract traded $3.90 per short ton higher at $456.70. March soybean oil futures traded $0.15 lower at $39.39.

The outside markets are favorable for Friday'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 +

Soybeans Close 15¢ Higher By: 02/26/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's soybean market rallied off of…

Higher Corn, Soybean Markets Seen For… By: 02/26/2015 @ 7:11am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Corn, Soybean Prices Closed Lower By: 02/25/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--After a sharp rally yesterday, the CME Group's soybean…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Top Talk: Conservation Payments, Land Rents &Brazil Truck Strike
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]