Home / News / Crops news / Grain markets seen dropping Friday

Grain markets seen dropping Friday

11/01/2013 @ 8:40am

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

The early calls for the commodities on Friday, November 1, 2013, are weaker. Corn is seen opening 1 to 2 cents lower, soybeans 5 to 7 cents lower, and wheat 1 to 2 cents lower.

In overnight trading, the Dec. corn futures traded 1 1/2 cents lower at $4.26 per bushel. The Nov. soybean futures traded 5 cents lower at $12.75. The Dec. wheat futures contract traded 2 3/4 cents lower at $6.64. For Dec. soybean meal futures, the contract traded $2.90 per short ton lower at $400.70; Dec. soybean oil futures traded $0.34 higher at $41.67.

The outside markets are unfavorable for Friday's grain trade. The real factors driving the calls will be the lower overnight markets.

CancelPost Comment

11/01/2013 @ 8:27am you all are a complete disgrace to farmers

Report Abuse Reply

Corn Closes Slightly Higher By: 10/02/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn market closed slightly…

Soybeans Close 14¢ Lower By: 10/01/2015 @ 9:01am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's soybean market has turned…

NASS Data Helps Wheat, Soybeans Close Higher By: 09/30/2015 @ 11:16am DES MOINES, Iowa (Agriculture.com)—The U.S. corn stocks continue to build, soybean stocks drop…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Innovative Features in the New Can-Am Defender