Home / Markets / Markets Analysis / Corn market / Weakness Seen Continuing For Corn, Soybeans

Weakness Seen Continuing For Corn, Soybeans

06/17/2014 @ 7:47am

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

The early calls for the commodities on Tuesday, June 17, 2014, are mixed. Corn is seen opening 1-2 cents lower, soybeans 7-8 cents lower, and wheat 1-2 cents higher.

In overnight trading, the July corn futures contract traded 1 1/4 cents lower at $4.39 per bushel. July soybean futures traded 8 cents lower at $14.13. The July wheat futures contract traded 1 cent higher at $5.82. For July soybean meal futures, the contract traded $0.70 per short ton lower at $461.70; July soybean oil futures traded $0.03 lower at $39.47.

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

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

CancelPost Comment

06/17/2014 @ 12:20pm No as usual the real factors driving the calls are the idiots of the CBOT!!!!!!!!!!!

Report Abuse Reply

Soybeans Close 4¢ Higher By: 10/09/2015 @ 9:01am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market closed…

U.S. Grain, Soybean Carryouts Drop By: 10/08/2015 @ 12:19pm DES MOINEA, Iowa (Agriculture.com)--In all cases, the USDA raised the U.S. corn, soybean, and wheat…

WASDE: U.S. Soybean Harvested Acreage Falls By: 10/08/2015 @ 12:02pm DES MOINES, Iowa (Agriculture.com)--The USDA lowered the U.S. 2015 corn and soybean production…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese Notis Midwest Weather Outlook