Home / News / Crops news / Falling corn, soybean markets seen Monday

Falling corn, soybean markets seen Monday

10/15/2012 @ 7:09am

The CME Group corn, soybean and wheat markets have a lower trading session ahead Wednesday.

The Early Calls for the commodities on Monday, October 15, 2012, are sharply lower. Corn is seen opening 13 to 15 cents lower, soybeans 25 to 27 cents lower, and wheat 11 to 12 cents lower.

In overnight trading, the December corn futures contract traded 13 cents lower at $7.39 per bushel. November soybean futures traded 28 cents lower at $14.93 per bushel, and December wheat traded 11 cents lower at $8.45. For December soybean meal futures, the contract traded $8.20 per short ton lower at $457. December soybean oil futures traded $0.86 lower at $49.81.

The outside markets are mixed for Monday's grain trade. The real factors driving the calls will be the sharply lower overnight markets.


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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, 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.
Weather Update - Late May, Early June
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]