Home / Markets / Markets Analysis / Soybeans market / Grain declines leveling off?

Grain declines leveling off?

Jeff Caldwell 03/21/2012 @ 6:45am Multimedia Editor for Agriculture.com and Successful Farming magazine.

There looks to be a little more life in the corn, soybean and wheat trades Wednesday after overnight prices appear to have stemmed the sharp declines seen in all pits after Tuesday's session.

Early calls for the grains are corn 4-6 lower, soybeans 1 to 3 higher and wheat 3-5 lower, according to private sources.

Though still largely in the red, the markets seem to have bucked Tuesday's trend; as of 6:25 a.m. CDT Wednesday morning, May corn was 4 1/4 cents lower at $6.43 1/4 per bushel, while May soybeans were 3/4 cent lower at $13.45 3/4, according to Barchart.com. May wheat was 3 1/2 cents lower at $6.39 per bushel.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

Will You Plant Corn Late? Here Are 5 Tips to… By: 04/23/2014 @ 11:59am There's mounting evidence to support the idea that this spring might be a repeat of last…

Corn Planting Slumps Forward -- USDA By: 04/22/2014 @ 8:13am Corn planting remains behind the normal pace, though a weather window may be opening this week to…

Drought Cuts Southern California Water… By: 04/21/2014 @ 2:53pm The drought is bad in the nation's center. Crops are hurting, and there's a lot of…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Waiting For the Planting Window