Home / News / Crops news / Farm markets seek higher end to week

Farm markets seek higher end to week

09/21/2012 @ 7:01am

After a week of choppy trading, the CME Group corn, soybean and wheat markets are set to start higher Friday. 

The Early Calls for the commodities on Friday, September 21, 2012, are higher. Corn is seen opening 5-7 cents higher, soybeans 4-6 cents higher, and wheat 7-9 cents higher.

In overnight trading, The Dec. futures corn contract is trading 3 cents higher at $7.49. Nov. soybean futures contract is trading 6 cents higher at $16.24. Dec. wheat futures are trading 8 cents higher at $8.88 per bushel. The Dec. soyoil futures contract is trading $0.13 lower at $55.92. The Dec. soymeal futures contract is trading $3.70 per short ton higher at $486.80.


In the outside markets, the NYMEX crude oil is $0.08 per barrel lower, the dollar is lower and the Dow Jones Industrials are seen opening higher.

The outside markets are favorable for Friday'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
MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Corn dips to end a 'horrible' trading week Friday, April 5
MORE FROM MIKE MCGINNIS more +

Corn, soybeans end lower By: 04/05/2013 @ 10:08am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean markets finished lower, while wheat ...

Farm prices to drop Friday By: 04/05/2013 @ 7:26am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean and wheat markets are poised for a ...

Corn, wheat seen trading higher Wednesday By: 04/03/2013 @ 6:53am DES MOINES, Iowa (Agriculture.com)--The CME Group corn and wheat markets are poised for a higher ...