Home / News / Crops news / Farm markets to fall

Farm markets to fall

11/07/2012 @ 7:18am

With the USDA November Production and Supply/Demand Reports looming Friday, choppy CME Group corn, soybean and wheat trading is expected Wednesday. 

The Early Calls for the commodities on Wednesday, November 7, 2012, are mostly lower. Corn is seen opening at 9:30am CT1-2 cents lower, soybeans 8-10 cents lower, and wheat 2-4 cents higher.

In overnight trading, the Dec. corn futures contract traded 1/2 of a cent lower at $7.40 per bushel. Nov. soybean futures traded 8 cents lower at $15.07 per bushel, and Dec. wheat traded 2 cents higher at $8.79. For Dec. soybean meal futures, the contract traded $3.70 per short ton lower at $469.00. Dec. soybean oil futures traded $0.05 lower at $48.63.

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

Soybeans Close 8¢ Higher Tuesday By: 12/01/2015 @ 9:09am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean markets closed…

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…

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