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

2016 Basis Prices Vary Widely Depending on… By: 11/25/2015 @ 2:24pm This marketing year, farmers who are looking to pick up a few more cents per bushel for their corn…

Soybeans Close 11¢ Higher Wednesday By: 11/25/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the bulls stole the feast from the bears, with…

Soybeans, Corn End Lower Tuesday By: 11/24/2015 @ 8:50am DES MOINES, Iowa (Agriculture.com)-- On Tuesday, the CME Group's corn, soybean and wheat…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Successful Marketing Newsletter