Home / Markets / Markets Analysis / Corn market / Soybeans to Surge Double-Digits Wednesday

Soybeans to Surge Double-Digits Wednesday

04/16/2014 @ 7:55am

The CME Group corn, soybean, and wheat markets are poised to start mostly higher. 

 

The early calls for the commodities on Wednesday, April 16,  2014, are mostly higher. Corn is seen opening 1 to 2 cents lower, soybeans 15 to 17 cents higher, and wheat 1 to 2 cents higher.


In overnight trading, the May corn traded 3/4 cents lower at $5.03 per bushel.  May soybean futures traded 18 1/4 cents higher at $15.19 per bushel. May wheat futures traded 2 3/4 cents higher at $7.04.


The outside markets are favorable for Wednesday'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 Higher, Corn Lower By: 08/18/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group soybean market finished…

Corn Market Seen Higher Monday By: 08/18/2014 @ 8:08am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Summing Up a Head-Scratcher of a Grain… By: 08/15/2014 @ 12:46pm Traders end the week the same way they started it, by scratching their heads. Confusion reigned…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Can Corn Catch Fire in September?