Home / Markets / Markets Analysis / Corn market / Soybeans to Edge Higher Wednesday

Soybeans to Edge Higher Wednesday

08/27/2014 @ 7:09am

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


The early calls for the commodities on Wednesday, August 27, 2014, are mostly weaker. 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 2 1/4 cents lower at $3.62 per bushel. Nov. soybean futures traded 3 3/4 cents higher at $10.31. The Dec. wheat futures contract traded 1/4 cent lower at $5.56. 


For Dec. soybean meal futures, the contract traded $2.00 per short ton higher at $345.50; Dec. soybean oil futures traded $0.02 higher at $33.19.


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
MORE FROM MIKE MCGINNIS more +

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

Corn, Wheat to Trade Higher Thursday By: 10/30/2014 @ 7:44am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

Soybeans Close 35¢ Higher Wednesday By: 10/29/2014 @ 9:12am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group soybean complex ended on a sharp…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes