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

Corn, soybeans to trade higher Tuesday

03/19/2013 @ 6:56am

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 +

Video: Early Harvest Weather Could Delay… By: 09/04/2015 @ 12:50pm Combines have been rolling this week in the southern portion of Corn Belt states. However Dan…

Corn, Wheat End Higher Friday By: 09/04/2015 @ 8:47am DES MOINES, Iowa (Agriculture.com)—As the farm markets consider the long Memorial Day weekend…

Wheat Ends 13¢ Lower By: 09/03/2015 @ 9:08am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese-Notis Early Harvest Weather Outlook
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]