Home / Markets / Markets Analysis / Corn market / Soybeans to Lead Corn Higher Tuesday

Soybeans to Lead Corn Higher Tuesday

Updated: 04/01/2014 @ 1:34pm

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


The early calls for the commodities on Tuesday, April 1, 2014, are higher. Corn is seen opening 4 to 6 cents higher, soybeans 10 to 12 cents higher, and wheat 5 to 7 cents lower.


In overnight trading, the May corn futures contract traded 3 1/4 cents higher at $5.05 per bushel. May soybean futures traded 13 cents higher at $14.77. The May wheat futures contract traded 7 3/4 cents lower at $6.89. For May soybean meal futures, the contract traded $3.10 per short ton higher at $482.40; May soybean oil futures traded $0.33 higher at $40.75.


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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 13¢ Lower By: 09/01/2015 @ 9:20am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn and soybean markets…

Corn, Soybeans to Start September Lower By: 09/01/2015 @ 6:43am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]