Home / News / Crops news / Corn, soybeans to consolidate Thursday

Corn, soybeans to consolidate Thursday

09/26/2013 @ 7:12am

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


The early calls for the commodities on Thursday, September 26, 2013, are mostly lower. Corn is seen opening 1 to 2 cents lower, soybeans 6 to 8 cents lower, and wheat 2 to 4 cents higher.


In overnight trading, the Dec. corn futures traded 2 1/2 cents lower at $4.52 per bushel. The Nov. soybean futures traded 8 3/4 cents lower at $13.13. The Dec. wheat futures contract traded 2 cents higher at $6.72. For Dec. soybean meal futures, the contract traded $3.00 per short ton higher at $414.10; Dec. soybean oil futures traded $0.16 lower at $41.93.


The outside markets are favorable 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

09/26/2013 @ 8:31am of course they will be down today after a so called rally yesterday

Report Abuse Reply
MORE FROM MIKE MCGINNIS more +

Soybeans Close Lower, Wheat Higher By: 08/27/2014 @ 9:03am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group soybean, wheat markets ended…

Soybeans to Edge Higher Wednesday By: 08/27/2014 @ 7:09am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Corn, Soybeans End Lower By: 08/26/2014 @ 9:07am DES MOINES, Iowa (Agriculture.com)--The CME Group corn and soybean markets finished lower…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Markets Finish Mixed