Home / News / Crops news / Corn, soybean gains continue Tuesday

Corn, soybean gains continue Tuesday

Updated: 11/27/2012 @ 5:59pm

Today's CME Group corn, soybean, and wheat trading are expected to extend overnight gains. The early calls for the commodities on Tuesday, November 27, 2012, are higher. Corn is seen opening 5 to 7 cents higher, soybeans 8 to 10 cents higher, and wheat 7 to 9 cents higher.


In overnight trading, the December corn futures contract traded 4 cents higher at $7.52 per bushel. January soybean futures traded 10 cents higher at $14.34 per bushel, and March wheat traded 8 cents higher at $8.71. For January soybean meal futures, the contract traded $3.60 per short ton higher at $430.50. January soybean oil futures traded 19 cents higher at $49.77.


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



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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn, Soybeans End Higher Monday By: 08/31/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market turnaround…

Corn, Soybeans Seen Lower Monday By: 08/31/2015 @ 6:21am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

Soybeans Surge Higher Thursday By: 08/27/2015 @ 8:53am On Thursday, the CME Group's soybean market has jumped up double-digits to start the…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]