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, Soybean Markets Start May Lower By: 05/01/2015 @ 8:40am DES MOINES, Iowa (Agriculture.com)--On Friday, ideal planting weather, a failed Argentine strike…

Soybean, Wheat Markets Seen Up Friday By: 05/01/2015 @ 7:11am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Farm Markets To Push Higher Thursday By: 04/30/2015 @ 7:07am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Disc openers
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]