Home / News / Crops news / Corn, soybeans to lean lower Monday

Corn, soybeans to lean lower Monday

10/21/2013 @ 7:53am

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

The early calls for the commodities on Monday, October 21, 2013, are lower. Corn is seen opening 1-2 cents lower, soybeans steady, and wheat 2-4 cents lower.

In overnight trading, the Dec. corn futures traded 1/2 of a cent lower at $4.41 per bushel. The Nov. soybean futures traded unchanged at $12.91. The Dec. wheat futures contract traded 2 1/2 cents lower at $7.03. For Dec. soybean meal futures, the contract traded $1.20 per short ton lower at $408.90; Dec. soybean oil futures traded $0.17 higher at $41.85.

The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the lower overnight markets.


JOIN US: The Successful Farming Marketing Academy.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 13¢ Lower By: 09/01/2015 @ 9:20am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn and soybean markets…

Corn, Soybeans to Start September Lower By: 09/01/2015 @ 6:43am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]