Home / News / Crops news / Corn, soybean markets to rise

Corn, soybean markets to rise

05/25/2012 @ 7:42am

Higher overnight markets will spark positive CME Group corn, soybean and wheat prices for Friday's day-time session.

The Early Calls for the commodities on Friday, May 25, 2012, are higher. Corn is seen opening 7-8 cents higher, wheat 10-12 cents higher and soybeans 3-5 cents higher.

In overnight trading, the July corn futures contract traded 8 cents higher at $5.86 1/2 per bushel. July soybean futures traded 3 cents higher at $13.79 per bushel, and July wheat traded 12 1/2 cents higher at $6.75. For July soybean meal futures, the contract traded $0.90 per short ton lower at $409.90. July soybean oil futures traded $0.29 higher at $49.71.

The outside markets are favorable for Friday'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, wheat end up double-digits By: 04/15/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group soybean market closed double-digits…

Mostly lower corn, wheat markets seen By: 04/15/2014 @ 8:03am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start mixed. The…

Soybeans, corn close higher By: 04/14/2014 @ 8:41am DES MOINES, Iowa (Agriculture.com)--With snow falling in Iowa, cold temperatures for other…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Farm markets Rally on Weather, Ukraine