Home / News / Crops news / Corn, soybeans seen lower Monday

Corn, soybeans seen lower Monday

03/25/2013 @ 7:42am

DES MOINES, Iowa (Agriculture.com)--To start the shortened trading week, the CME Group corn, soybean and wheat markets are seen lower Monday.

The early calls for the commodities on Monday, March 25, 2013, are lower. Corn is seen opening 1-2 cents lower. Soybeans are seen 4-6 cents lower and wheat 1-2 cents lower.

In overnight trading, the May corn futures contract traded 1 cent lower at $7.24 per bushel. May soybean futures traded 4 cents lower at $14.36 per bushel, and May wheat traded 1 cent lower at $7.29. For May soybean meal futures, the contract traded $1.60 per short ton lower at $417.70. May soybean oil futures traded $0.11 cents lower at $50.32.

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

03/25/2013 @ 9:04am The only thing unfavorable to the markets is the CBOT.

Report Abuse Reply

EPA Raises RFS Volume Requirements By: 11/30/2015 @ 2:14pm DES MOINES, Iowa (Agriculture.com)—On Monday, the Environmental Protection Agency announced it…

Soybeans, Corn End Higher Monday By: 11/30/2015 @ 8:59am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn and soybean markets closed…

2016 Basis Prices Vary Widely Depending on… By: 11/25/2015 @ 2:24pm This marketing year, farmers who are looking to pick up a few more cents per bushel for their corn…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Successful Marketing Newsletter