Home / News / Crops news / Farm markets to drop Monday

Farm markets to drop Monday

Updated: 06/24/2013 @ 9:18am

The CME Group's corn, soybean, and wheat markets are expected to trade lower Monday.

The early calls for the commodities on Monday, June 24, 2013, are lower. Corn is seen opening 6 to 8 cents lower, soybeans 4 to 6 cents lower, and wheat 6 to 8 cents lower.

In overnight trading, the July corn futures contract traded 6 cents lower at $6.55 per bushel. The December corn futures traded 10 cents lower at $5.46. July soybean futures traded 4 cents lower at $14.89 per bushel, while November soybeans traded 13 cents lower at $12.60. The July wheat traded 6 cents lower at $6.92. For July soybean meal futures, the contract traded 90 cents per short ton lower at $446.90. The July soybean oil futures traded 36 cents lower at $47.66.

The outside markets are mostly unfavorable for Monday's grain trade.

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

CancelPost Comment

EPA Raises RFS Volume Requirements By: 11/30/2015 @ 2:14pm DES MOINES, Iowa (Agriculture.com)—On Monday, the Environmental Protection Agency announced it…

Soybeans, Corn End Higher Monday By: 11/30/2015 @ 8:59am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn and soybean markets closed…

2016 Basis Prices Vary Widely Depending on… By: 11/25/2015 @ 2:24pm This marketing year, farmers who are looking to pick up a few more cents per bushel for their corn…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Successful Marketing Newsletter