Home / Markets / Markets Analysis / Corn market / Stronger Farm Markets Seen Tuesday

Stronger Farm Markets Seen Tuesday

07/22/2014 @ 7:41am

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


The early calls for the commodities on Tuesday, July 22, 2014, are higher. Corn is seen opening 1 to 2 cents higher, soybeans 1 to 2 cents higher, and wheat 3 to 5 cents higher.


In overnight trading, the Dec. corn futures contract traded 3/4 cent higher at $3.72 per bushel. Nov. soybean futures traded 1/4 cent higher at $10.71. The Sep. wheat futures contract traded 3 cents higher at $5.33. For Dec. soybean meal futures, the contract traded $0.80 per short ton higher at $347.60; Dec. soybean oil futures traded $0.14 higher at $36.40.


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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 20¢ Higher Tuesday By: 10/21/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)—Slow harvest pace and buyers’ participation have underpinned…

Harvest Pressure Sinks Soybeans By: 10/20/2014 @ 8:50am DES MOINES, Iowa (Agriculture.com)— The CME Group’s corn, soybean, and wheat markets finished…

Corn, Soybeans Seen Falling Monday By: 10/20/2014 @ 6:49am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?