Home / News / Crops news / Corn, soybean markets seen rising

Corn, soybean markets seen rising

03/05/2013 @ 7:44am

DES MOINES, Iowa (Agriculture.com)--For Tuesday, the CME Group corn, soybean markets seen slightly higher Tuesday.

The early calls for the commodities on Tuesday, March 5, 2013, are mostly higher. Corn is seen opening 1-2 cents higher. Soybeans are seen 2-4 cents higher and wheat mixed.

In overnight trading, the March corn futures contract traded 2 cents higher at $7.25 per bushel. March soybean futures traded 4 cents higher at $14.94 per bushel, and March wheat traded unchanged at $6.96. For March soybean meal futures, the contract traded $3.10 per short ton higher at $435.30. March soybean oil futures traded $0.13 cents higher at $50.18. 

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


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

 

Also, the CME Group is seeking approval to reduce trading hours for the farm markets. After surveying customers through online and one-on-one methods, the Exchange has proposed the new trading hours to the CFTC agency. 


The CME Group announces new trading hours for corn, soybean and wheat products.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

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…

Corn, Soybeans Seen Falling Monday By: 10/20/2014 @ 6:49am On Monday, 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.
Are We In a Climate Change?