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

Soybeans to Lead Corn Higher Tuesday

04/01/2014 @ 7:45am

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 Day, Month On A Rally By: 10/31/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)—A buying frenzy, at the close Friday, pushed up the CME Group…

Lower Farm Markets Seen For Friday By: 10/31/2014 @ 8:13am On Friday, the CME Group's corn, soybean and wheat markets are expected to start…

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…

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