Home / News / Crops news / Corn, soybeans to trade higher Tuesday

Corn, soybeans to trade higher Tuesday

03/19/2013 @ 6:55am

DES MOINES, Iowa (Agriculture.com)--A higher trading day is seen for the CME Group farm markets Tuesday.

The early calls for the commodities on Tuesday, March 19, 2013, are higher. Corn is seen opening 4-6 cents higher. Soybeans are seen 3-5 cents higher and wheat 2-4 cents higher.

In overnight trading, the May corn futures contract traded 4 cents higher at $7.24 per bushel. May soybean futures traded 3 cents higher at $14.13 per bushel, and May wheat traded 2 cents lower at $7.15. For May soybean meal futures, the contract traded $0.60 per short ton higher at $413.90. May soybean oil futures traded $0.08 cents higher at $49.76.

The outside markets are unfavorable for Tuesday'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 +

Soybean, Wheat Prices Close Higher By: 07/31/2014 @ 8:35am DES MOINES, Iowa (Agriculture.com)-- The CME Group soybean and wheat markets end higher, corn lower…

Soybeans Seen Higher Thursday By: 07/31/2014 @ 7:02am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Rangebound Corn Market Ends Higher By: 07/30/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group corn and wheat markets stayed…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Markets Trade in Narrow Range