Home / News / Crops news / Expect higher soybean, wheat markets Monday

Expect higher soybean, wheat markets Monday

06/11/2012 @ 7:38am

The CME Group corn, soybean and wheat markets will begin the week mostly higher Monday.

The Early Calls for the commodities on Monday, June 11, 2012, are slightly higher. Corn is seen opening mixed, soybeans 4-6 cents higher, and wheat 4-6 cents higher.

In overnight trading, the July corn futures contract traded 1 1/4 cents  higher at $5.99 1/2 per bushel. July soybean futures traded 6 3/4 cents higher at $14.33 per bushel, and July wheat traded 6 cents higher at $6.36 1/4. For July soybean meal futures, the contract traded $0.80 per short ton lower at $429.00. July soybean oil futures traded $0.64 higher at $50.10.

The outside markets are favorable for Monday'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 +

Wheat Closed 13¢ Lower By: 01/28/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)—As the CME Group’s wheat market searched for a low…

Wednesday's Farm Markets Seen Lower By: 01/28/2015 @ 8:02am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start…

Corn, Soybeans End Lower Tuesday By: 01/27/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—On Tuesday, the CME Group’s corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Acres Versus Bushels in 2015 - 3 Things
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]