Home / Markets / Markets Analysis / Soybeans market / Mixed start expected for Friday grains

Mixed start expected for Friday grains

Jeff Caldwell 12/07/2012 @ 6:29am Multimedia Editor for Agriculture.com and Successful Farming magazine.

The grains didn't see a lot of movement overnight, and it's got early calls mixed heading into Friday's open outcry trading session.

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

As of 6:11 AM CST, the March corn futures contract was 3 1/4 lower at $7.48 1/4 per bushel while March wheat was 2 3/4 lower at $8.59 1/4 and January soybeans were 3 higher at $14.94 1/4.

Though weather concerns in South America are still a big focus for the bullish soybean trade in the U.S., there are early signs that there could be a slip in price Friday; soybean futures on the Dalian Commodity Exchange in China fell Friday, ending 2 days of higher prices on light profit-taking.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

Economic Observations & Wheat Woes: Top… By: 04/17/2015 @ 7:24am What's on your mind this week? Spring planting is getting underway, kicking off the busy…

About Corn Planting 'Go-time' for… By: 04/16/2015 @ 2:55pm It's officially go-time -- or awfully close to it -- for planters in the Corn Belt. Farmers…

The [A] List: 3 Big Things This Morning… By: 04/16/2015 @ 6:17am Mother Nature is flipping the script for the Plains and Midwest the next few days.Rainfall has been…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Finger pick-up
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]