Home / News / Crops news / Corn, soybean prices to start weaker Monday

Corn, soybean prices to start weaker Monday

09/23/2013 @ 7:56am

On Monday, the CME Group's corn, soybean, and wheat markets are expected to start lower.


The early calls for the commodities on Monday, September 23, 2013, are mostly lower. Corn is seen opening 2 to 4 cents lower, soybeans 3 to 5 cents lower, and wheat 1 to 2 cents higher.


In overnight trading, the Dec. corn futures traded 2 3/4 cents lower at $4.48 per bushel. The Nov. soybean futures traded 3 1/2 cents lower at $13.11. The Dec. wheat futures contract traded 1/4 of a cent higher at $6.46. For Dec. soybean meal futures, the contract traded $0.70 per short ton higher at $412.30; Dec. soybean oil futures traded $0.27 lower at $42.07.


The outside markets are unfavorable for Monday'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 15¢ Higher By: 02/26/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's soybean market rallied off of…

Higher Corn, Soybean Markets Seen For… By: 02/26/2015 @ 7:11am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Corn, Soybean Prices Closed Lower By: 02/25/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)--After a sharp rally yesterday, the CME Group's soybean…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Top Talk: Conservation Payments, Land Rents &Brazil Truck Strike
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]