Home / News / Crops news / A weaker start seen for farm markets

A weaker start seen for farm markets

12/18/2013 @ 7:55am

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

The early calls for the commodities on Wednesday, December 18, 2013, are mostly weaker. Corn is seen opening 1 to 2 cents lower to 1 to 2 cents higher, soybeans 1 to 2 cents lower, and wheat 1 to 2 cents lower.

In overnight trading, the March corn futures traded unchanged at $4.26 per bushel. March soybean futures traded 3/4 cent higher at $13.35. The March wheat futures contract traded 2 1/2 cents lower at $6.17. For March soybean meal futures, the contract traded $.70 per short ton higher at $437.30; March soybean oil futures traded $0.04 lower at $39.59.

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

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

CancelPost Comment

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…

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