Home / News / Crops news / 2013 corn, soybean markets to end lower

2013 corn, soybean markets to end lower

12/31/2013 @ 7:51am

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

The early calls for the commodities on Tuesday, December 31, 2013, are lower. Corn is seen opening 1-2 cents lower, soybeans 4-5 cents lower, and wheat 1-2 cents lower.

In overnight trading, the March corn futures traded 3/4 of a cent lower at $4.22 per bushel. March soybean futures traded 5 1/4 cents lower  at $13.03. The March wheat futures contract traded 1 cent lower at $5.99. For March soybean meal futures, the contract traded $2.30 per short ton lower at $424.80; March soybean oil futures traded $0.12 higher at $39.08.

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


Discuss the final 2013 corn, soybean and wheat markets in Marketing Talk.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, 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.
Holiday Profit Taking Pressures Markets