Home / News / Crops news / Farm markets to lean higher

Farm markets to lean higher

06/14/2013 @ 7:58am

The CME Group's corn, soybean, and wheat markets are expected to start higher Friday.


The early calls for the commodities on Friday, June 14, 2013, are mostly stronger. Corn is seen opening 2 to 4 cents higher, soybeans 8 to 10 cents higher, and wheat 2 to 4 cents lower.


In overnight trading, the July corn futures contract traded 4 cents higher at $6.47 per bushel. The December corn futures traded 1 cent lower at $5.35. July soybean futures traded 9 cents higher at $15.19 per bushel, while November soybeans traded 4 cents higher at $13.04. The July wheat traded 4 cents lower at $6.81. For July soybean meal futures, the contract traded $2.80 per short ton higher at $455.40. The July soybean oil futures traded 33 cents higher at $48.17.


The outside markets are unfavorable for Friday's grain trade.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 13¢ Lower Tuesday By: 11/18/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)—Acting like a ‘turnaround Tuesday’, the CME Group soybean…

Soybeans Seen Slightly Higher Tuesday By: 11/18/2014 @ 6:36am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close 13¢ Higher Monday By: 11/17/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)—On Monday, the CME Group soybean market closed higher, with…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cool Tools Christmas Edition: Craftsman Two-in-One