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 +

Farmers Are Urged to Adopt Conservation… By: 07/28/2014 @ 2:09pm U.S. farmers need to wake up to adopting conservation measures, world buyers find U.S. corn carries…

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Scott Shellady: Options 101