Home / News / Crops news / Farm markets to dip

Farm markets to dip

12/14/2011 @ 6:31am

For Wednesday, the CME Group corn, soybean and wheat prices are expected to follow the lower overnight trading.

The Early Calls for the commodities on Wednesday, December 14, 2011, are lower. Corn and wheat are seen opening 2-4 cents lower and soybeans 5-7 cents lower.

In overnight electronic trading, the March corn futures contract traded 2 1/2 cents lower at $5.92 per bushel. The Jan. soybean futures contract traded 5 1/2 cents lower at $11.13 per bushel. The March wheat futures contract traded 2 1/2 cents lower at $5.98. For Jan. soymeal futures, the contract traded $1.40 per short ton lower at $282.00 and Jan. soyoil $0.04 lower at $49.21. 

The outside markets are unfavorable for Wednesday'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 +

Corn, Wheat Prices Remain Higher By: 04/23/2014 @ 8:42am DES MOINES, Iowa (Agriculture.com)--At mid-session, the CME Group corn and wheat markets have found…

Corn, Soybean Markets Seen Falling Wednesday By: 04/23/2014 @ 7:58am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start…

Corn Ends Up, Soybeans Lower By: 04/22/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--Talk of another investment bank exiting commodities aided in…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Farm Bill 2014 Timeline