Home / News / Crops news / Farm markets to trade mostly weaker

Farm markets to trade mostly weaker

10/14/2013 @ 7:47am

On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly lower.


The early calls for the commodities on Monday, October 14, 2013, are mostly lower. Corn is seen opening 1 to 2 cents lower, soybeans 3 to 5 cents higher, and wheat 5 to 7 cents lower.


In overnight trading, the Dec. corn futures traded 1 cent lower at $4.32 per bushel. The Nov. soybean futures traded 3 3/4 cents higher at $12.70. The Dec. wheat futures contract traded 5 1/2 cents lower at $6.86. For Dec. soybean meal futures, the contract traded $1.40 per short ton higher at $404.80; Dec. soybean oil futures traded $0.10 higher at $40.38.


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


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