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 +

Farmers Are Urged to Adopt Conservation… By: 07/28/2014 @ 2:09pm U.S. farmers need to wake up to adopting conservation measures, world buyers find U.S. corn carries…

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Scott Shellady: Options 101