Home / News / Crops news / Grain trade to start week lower

Grain trade to start week lower

08/13/2012 @ 8:10am

From follow-through of overnight markets, the CME Group corn, soybean and wheat markets are expected to start lower Monday. 

The Early Calls for the commodities on Monday, August 13, 2012, are lower. Corn is seen opening 5-7 cents lower, soybeans 10-15 cents lower, and wheat 10-15 cents lower.

In overnight trading, the Dec. corn futures contract traded 6 1/4 cents lower at $8.02 1/2 per bushel. Nov. soybean futures traded 12 3/4 cents lower at $16.31 per bushel, and Sept. wheat traded 14 cents lower at $8.71. For Dec. soybean oil futures traded $0.38 lower at $54.03.

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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Old-Crop Soybeans End Higher By: 04/27/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group's soybean market…

Soybeans To Edge Higher Monday By: 04/27/2015 @ 7:41am On Monday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Wheat Closes 11¢ Lower By: 04/24/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Disc openers
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]