Home / News / Crops news / Falling corn, soybean prices Friday

Falling corn, soybean prices Friday

08/31/2012 @ 7:34am

The CME Group corn, soybean and wheat markets are expected to react negatively Friday to lower overnight prices and the news that Russia will not install a grain export ban. 

The Early Calls for the commodities on Friday, August 31, 2012, are lower. Corn is seen opening 1-2 cents lower, soybeans 5-7 cents lower, and wheat 7- 9cents lower.

In overnight trading, the Dec. corn traded 1 3/4 cents lower at $8.06 3/4.  Nov. soybean futures traded 5 1/4 cents lower at $17.58 1/4 per bushel. Dec. wheat futures traded 7 3/4 cents lower at $8.95.

The outside markets are favorable for Friday's grain trade. The real factors driving the calls will be the lower overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

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…

Soybeans Close Lower, Wheat Higher By: 08/27/2014 @ 9:03am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group soybean, wheat markets ended…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Put Rolls Sending Bearish Signals