Home / Markets / Markets Analysis / Corn market / Steady-to-higher farm markets seen

Steady-to-higher farm markets seen

01/02/2013 @ 8:21am

The CME Group commodities are expected to start mixed Wednesday. The early calls for the commodities on Wednesday, January 2, 2012, are mixed. Corn is seen opening 1-2 cents higher. Soybeans are seen 1-2 cents lower and wheat 1-2 cents higher.

In overnight trading, the March corn futures contract traded 1 1/2 cents higher at  $6.99 per bushel. January soybean futures traded 1 cent lower at $14.18 per bushel, and March wheat traded 1 cent higher at $7.79. For January soybean meal futures, the contract traded $0.60 per short ton lower at $420.00. January soybean oil futures traded $0.05 cents higher at $49.21. 

The outside markets favorable for Wednesday's grain trade. The real factors driving the calls will be the mixed 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