Home / News / Crops news / Corn, soybean prices seen higher Tuesday

Corn, soybean prices seen higher Tuesday

07/30/2013 @ 6:59am

The CME Group corn, soybean, and wheat markets are poised to start lower, following mostly lower overnight prices Tuesday.

 

The early calls for the commodities on Friday, July 30, 2013, are higher. Corn is seen opening 4 to 6 cents higher, soybeans 4 to 6 cents higher, and wheat 6 to 8 cents higher.


In overnight trading, the Sep. corn traded 4 cents higher at $4.93 per bushel, while the Dec. contract traded 4 cents higher at $4.76. Aug. soybean futures traded 7 cents higher at $13.74 per bushel, while the Nov. soybean futures are 2 cents higher at $12.22. Sep. wheat futures traded 6 cents higher at $6.57.


The outside markets are slightly 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 +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Grains, Soybeans Mixed to Close Thursday By: 07/02/2015 @ 8:56am Grains and soybeans were mixed to close the day Thursday. At the open, the September corn…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-Happy Landlords
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]