Home / News / Crops news / Corn, soybean prices seen mixed

Corn, soybean prices seen mixed

06/06/2013 @ 6:52am

The CME Group's corn, soybean, and wheat markets are expected to start mixed-to-lower Thursday.


The early calls for the commodities on Thursday, June 6, 2013, are mostly lower. Corn is seen opening 2 to 4 cents lower, soybeans 6 to 8 cents lower, and wheat 1 to 2 cents higher.


In overnight trading, the July corn futures contract traded 2 cents higher at $6.59 per bushel. The December corn futures traded 2 cents higher at $5.44. July soybean futures traded 6 cents lower at $15.26 per bushel, while November soybeans traded 2 cents lower at $12.97. The July wheat traded 1 cent higher at $7.01. For July soybean meal futures, the contract traded $1.80 per short ton lower at $454.10. The July soybean oil futures traded 11 cents higher at $48.41.


The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the lower overnight markets.


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

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?