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

Farm markets to shoot higher

06/07/2013 @ 7:23am

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


The early calls for the commodities on Friday, June 7, 2013, are stronger. Corn is seen opening 2 to 4 cents higher, soybeans 12 to 14 cents higher, and wheat 1 to 2 cents higher.

In overnight trading, the July corn futures contract traded 1 cent higher at $6.64 per bushel. The December corn futures traded 4 cents higher at $5.52. July soybean futures traded 12 cents higher at $15.39 per bushel, while November soybeans traded 15 cents higher at $13.20. The July wheat traded 2 cents higher at $6.99. For July soybean meal futures, the contract traded $4.20 per short ton higher at $458.20. The July soybean oil futures traded 27 cents higher at $48.43.


The outside markets are mostly favorable for Friday's grain trade.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn Ends Lower, Soybeans Mixed By: 04/17/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group corn markets closed lower, soybeans…

Mixed farm markets seen Thursday By: 04/17/2014 @ 8:05am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans Close 17¢ Higher By: 04/16/2014 @ 8:46am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, wheat markets came…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Big Picture: CME Trading Weather