Home / News / Crops news / Corn to see second day of higher prices

Corn to see second day of higher prices

04/09/2013 @ 6:46am

DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean markets could start slightly higher, wheat lower Tuesday. 

The early calls for the commodities on Tuesday, April 9, 2013, are mostly higher.

In overnight trading, the May corn futures contract traded 5 cents higher at $6.38 per bushel. May soybean futures traded 1 cent higher at $13.78 per bushel, and May wheat traded 2 cents lower at $7.10. For May soybean meal futures, the contract traded $0.90 per short ton lower at $392.40 May soybean oil futures traded $0.06 cents higher at $49.58.

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


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



CancelPost Comment
MORE FROM MIKE MCGINNIS more +

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

Farm Markets Rally Thursday By: 08/28/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets closed higher…

Farm Markets Seen Higher Thursday By: 08/28/2014 @ 6:41am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Holiday Profit Taking Pressures Markets