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 +

Hot Topic: What Are Farmers Thinking? By: 04/01/2015 @ 11:53am Is there a corn pile building in the U.S. that the market can’t climb? For months, the trade was…

Soybeans Close 17¢ Higher Wednesday By: 04/01/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)--On Wednesday, favorable outside markets and short-covering…

Corn, Soybean Trading Seen Leaning Higher… By: 04/01/2015 @ 7:35am 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.
Planter tips: Pneumatic seed meters
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]