Home / News / Crops news / Farm markets to rise slightly Tuesday

Farm markets to rise slightly Tuesday

08/06/2013 @ 8:13am

The CME Group corn, soybean, and wheat markets are poised to start mixed, following mostly only slightly higher overnight prices Tuesday.

 

The early calls for the commodities on Tuesday, August 6, 2013, are mixed. Corn is seen opening 2 to 4 cents higher, soybeans 1 to 2 cents higher, and wheat 1 to 2 cents higher.


In overnight trading, the Sep. corn traded 3 cents higher at $4.72 per bushel, while the Dec. contract traded 1 cent lower at $4.59.  Aug. soybean futures traded 1 cent higher at $13.30 per bushel, while the Nov. soybean futures are 7 cents lower at $11.76. Sep. wheat futures traded 3 cents higher at $6.47.


The outside markets are slightly favorable for Tuesday's grain trade. The real factors driving the calls will be the mostly higher overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Profit-taking Sinks Soybeans, Corn By: 10/24/2014 @ 8:57am DES MOINES, Iowa (Agriculture.com)—With the CME Group’s corn, soybean and wheat markets turning…

Soybeans Close 20¢ Higher Tuesday By: 10/21/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)—Slow harvest pace and buyers’ participation have underpinned…

Harvest Pressure Sinks Soybeans By: 10/20/2014 @ 8:50am DES MOINES, Iowa (Agriculture.com)— The CME Group’s corn, soybean, and wheat markets finished…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?