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

Grain trade to start week lower

08/13/2012 @ 8:11am

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 +

Corn Seen Lower, Soybeans Higher Thursday By: 09/03/2015 @ 7:38am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans, Corn End Weaker By: 09/02/2015 @ 8:55am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Soybeans Lean Slightly Higher Wednesday By: 09/02/2015 @ 7:25am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
John Deere High Capacity Nutrient Applicator
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]