Home / News / Crops news / Corn, soybeans seen falling Tuesday

Corn, soybeans seen falling Tuesday

Updated: 05/22/2012 @ 8:50am

With weaker overnight trading, the CME Group soybean, wheat and corn markets will face lower follow-through trading Tuesday.

The Early Calls for the commodities on Tuesday, May 22, 2012, are lower. Corn is seen opening 6-8 cents lower, wheat 14-16 cents lower and soybeans 4-6 cents lower.

In overnight trading, the July corn futures contract traded 7 1/2 cents lower at $6.25 1/2 per bushel. July soybean futures traded 5 1/2 cents lower at $14.07 per bushel, and July wheat traded 16 3/4 cents lower at $6.87 1/4. For July soybean meal futures, the contract traded $1.50 per short ton lower at $415.00. July soybean oil futures traded $0.03 higher at $50.95.

The outside markets are unfavorable for Tuesday'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 Surge Higher Thursday By: 08/27/2015 @ 8:53am On Thursday, the CME Group's soybean market has jumped up double-digits to start the…

Soybeans Seen Moving Up Double-Digits… By: 08/27/2015 @ 6:12am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start…

Soybeans Close 12¢ Lower By: 08/26/2015 @ 8:36am DES MOINES, Iowa (Agriculture.com)--After trading higher, the CME Group's corn, soybean, and…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Watch the Machinery Show
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]