Home / News / Crops news / A mixed Monday seen for corn, soybeans

A mixed Monday seen for corn, soybeans

11/05/2012 @ 7:15am

Based on overnight follow-through, the CME Group corn, soybean and wheat markets are seen opening floor trading mixed Monday. 

The Early Calls for the commodities on Monday, November 5, 2012, are mixed. 

Corn is seen opening 1-2 cents higher, soybeans 6-8 cents lower, and wheat 3-5 cents higher.

In overnight trading, the Dec. corn futures contract traded 1 1/4 cents higher at $7.40 per bushel. Jan. soybean futures traded 8 cents lower at $15.18 per bushel, and Dec. wheat traded 3 cents higher at $8.67. For Dec. soybean meal futures, the contract traded $1.00 per short ton lower at $474.90. Dec. soybean oil futures traded $0.35 lower at $48.91.

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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Profit-taking Sinks Soybeans, Corn By: 10/24/2014 @ 8:57am DES MOINES, Iowa (Agriculture.com)—With the CME Group’s corn, soybean and wheat markets turning…

Soybeans Close 20¢ Higher Tuesday By: 10/21/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)—Slow harvest pace and buyers’ participation have underpinned…

Harvest Pressure Sinks Soybeans By: 10/20/2014 @ 8:50am DES MOINES, Iowa (Agriculture.com)— The CME Group’s corn, soybean, and wheat markets finished…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?