Home / News / Crops news / Farm markets seen mixed Tuesday

Farm markets seen mixed Tuesday

02/26/2013 @ 7:48am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group corn, soybean and wheat markets are mixed.

The early calls for the commodities on Tuesday, February 26, 2013, are mostly higher. Corn is seen opening 4-6 cents higher. Soybeans are seen 3-5 cents lower and wheat 1-2 cents higher.

In overnight trading, the March corn futures contract traded 4 cents higher at $6.97 per bushel. March soybean futures traded 3 cents lower at $14.48 per bushel, and March wheat traded 1 cent higher at $7.00. For March soybean meal futures, the contract traded $0.60 per short ton higher at $426.20. March soybean oil futures traded $0.58 cents lower at $49.49. 

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