Home / News / Crops news / A lower March start for corn, soy

A lower March start for corn, soy

03/01/2012 @ 6:09am

The CME Group corn, soybean and wheat markets look to start out the month of March lower Thursday. 

The Early Calls for the commodities on Thursday, March 1, 2012, are lower. Corn is seen opening 3-5 cents lower, soybeans 4-6 cents lower and wheat 3-5 cents lower.

In overnight trading, the May corn futures contract traded 3 1/4 cents lower at $6.54 3/4 per bushel. May soybean futures traded 4 3/4 cents lower at $13.15 3/4 per bushel, and May wheat traded 3 3/4 cents lower at $6.64 1/4. For May soybean meal futures, the contract traded $1.30 per short ton lower at $351.60. May soybean oil futures traded $0.07 lower at $54.40.

The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the slightly higher overnight markets.

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

CancelPost Comment

Corn Closes Slightly Higher By: 10/02/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn market closed slightly…

Soybeans Close 14¢ Lower By: 10/01/2015 @ 9:01am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's soybean market has turned…

NASS Data Helps Wheat, Soybeans Close Higher By: 09/30/2015 @ 11:16am DES MOINES, Iowa (Agriculture.com)—The U.S. corn stocks continue to build, soybean stocks drop…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Innovative Features in the New Can-Am Defender