Home / News / Crops news / Higher corn, soybean markets Monday

Higher corn, soybean markets Monday

06/04/2012 @ 7:35am

The CME Group corn, soybean and wheat markets can be expected to trade sharply higher Monday.  

The Early Calls for the commodities on Monday, June 4, 2012, are higher. Corn is seen opening 10-12 cents higher, soybeans 7-8 cents higher, and wheat 10-12 cents higher.

In overnight trading, the July corn futures contract traded 14 cents  higher at $5.65 per bushel. July soybean futures traded 7 3/4 cents higher at $13.52 per bushel, and July wheat traded 12 cents higher at $6.24 1/4. For July soybean meal futures, the contract traded $7.40 per short ton higher at $401.90. July soybean oil futures traded $0.42 lower at $48.17.

The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the sharply higher.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 08/18/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group soybean market finished…

Corn Market Seen Higher Monday By: 08/18/2014 @ 8:08am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Summing Up a Head-Scratcher of a Grain… By: 08/15/2014 @ 12:46pm Traders end the week the same way they started it, by scratching their heads. Confusion reigned…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
CME Group and 4-H's Risk Ranch