Home / News / Crops news / Corn, soybean markets to edge higher

Corn, soybean markets to edge higher

11/21/2012 @ 7:38am

The CME Group corn, soybean, and wheat markets are poised to extend gains from yesterday, following high prices overnight Wednesday.

 

The early calls for the commodities on Wednesday, November 21, 2012, are higher. 

Corn is seen opening 1 to 2 cents higher, soybeans 5 to 7 cents higher, and wheat 1 to 2 cents higher.


In overnight trading, the December corn traded 1 cent higher at $7.45 per bushel, while the January soybean futures traded 5 cents higher at $14.18 per bushel. December wheat futures traded 1/2 cent higher at $8.45.


The outside markets are mostly favorable for Wednesday'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 +

Soybeans Trade Slightly Higher Friday By: 10/31/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)—The CME Group corn, soybean and wheat markets trade mostly…

Lower Farm Markets Seen For Friday By: 10/31/2014 @ 8:13am On Friday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes