Home / News / Crops news / Corn, soybeans to move up Thursday

Corn, soybeans to move up Thursday

02/06/2014 @ 7:59am

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

The early calls for the commodities on Thursday, February 6, 2014, are stronger. Corn is seen opening 1-2 cents higher, soybeans 4-6 cents higher, and wheat 1-2 cents higher.

In overnight trading, the March corn futures contract traded 1 3/4 cents higher at $4.45 per bushel. March soybean futures traded 9 cents higher at $13.25. The March wheat futures contract traded 3/4 of a cent higher at $5.88. For March soybean meal futures, the contract traded $3.90 per short ton higher at $445.90.

The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the higher overnight markets.


Discuss the corn, soybean and wheat markets in Marketing Talk.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

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…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

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