Home / News / Crops news / Corn, soybean prices to inch higher

Corn, soybean prices to inch higher

03/28/2012 @ 7:28am

With an attempt to recover from a sell-off in the last trading session, the CME Group corn, soybean and wheat markets look to start the day's trade higher Wednesday. 

The Early Calls for the commodities on Wednesday, March 28, 2012, are higher. 

Corn is seen opening 1-2 cents higher, soybeans 6-8 cents higher and wheat 2-4 cents higher.

In overnight trading, the July corn futures contract traded 3/4 of a cent higher at $6.31 1/4 per bushel. July soybean futures traded 7 1/4 cents higher at $13.83 1/2 per bushel, and July wheat traded 2 3/4 cents higher at $6.55 1/2. For July soybean meal futures, the contract traded $0.90 per short ton higher at $377.70. July soybean oil futures traded $0.12 higher at $55.64.

The outside markets are mildly favorable for Wednesday's grain trade. The real factors driving the calls will be the higher soybean overnight markets.


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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 08/18/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group soybean market finished…

Corn Market Seen Higher Monday By: 08/18/2014 @ 8:08am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Summing Up a Head-Scratcher of a Grain… By: 08/15/2014 @ 12:46pm Traders end the week the same way they started it, by scratching their heads. Confusion reigned…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
CME Group and 4-H's Risk Ranch