Home / News / Crops news / Grains, soybeans seen mixed Tuesday

Grains, soybeans seen mixed Tuesday

02/05/2013 @ 7:37am

The CME Group corn, soybean and wheat markets have strong potential to trade mixed Tuesday. 

The early calls for the commodities on Tuesday, February 5, 2013, are mixed. Corn is seen opening 1-2 cents lower. Soybeans are seen 2-4 cents higher and wheat steady.

In overnight trading, the March corn futures contract traded 1 cent lower at $7.33 per bushel. March soybean futures traded 2 cents higher at $14.91 per bushel, and March wheat traded steady at $7.63. For March soybean meal futures, the contract traded $1.60 per short ton higher at $435.90. March soybean oil futures traded $0.05 cent lower at $53.06. 

The outside markets are favorable for Tuesday's grain trade. The real factors driving the calls will be the mixed overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Rangebound Corn Market Ends Higher By: 07/30/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group corn and wheat markets stayed…

Soybean, Corn Markets To Dip Wednesday By: 07/30/2014 @ 7:43am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans, Wheat Close Double-Digits Lower By: 07/29/2014 @ 3:12pm On Tuesday, the CME Group soybean market took back some of the gains from yesterday.At the close…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Trumps Demand