Home / News / Crops news / Corn, soybeans seen mixed Thursday

Corn, soybeans seen mixed Thursday

07/26/2012 @ 7:23am

The CME Group corn, soybean and wheat markets have indicated that a pullback is queued up for Thursday's trade.

The Early Calls for the commodities on Thursday, July 26, 2012, are lower. Corn is seen opening 4-7 cents lower, soybeans 17-19 cents lower, and wheat 5-7 cents lower.

In overnight trading, the Sep. corn traded 3 3/4 cents lower at $7.90 per bushel, while the Dec. contract traded 2 3/4 cents lower at $7.85 1/4.   Nov. soybean futures traded 24 1/2 cents lower at $15.91 per bushel. Sep. wheat futures traded 6 3/4 cents lower at $8.96 1/2.

The outside markets are unfavorable 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 +

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, 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.
Holiday Profit Taking Pressures Markets