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 +

Corn, Soybeans, Wheat End Lower By: 01/30/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—Fund-selling, end of month profit-taking are being blamed for…

Soybean, Corn Markets Close Lower By: 01/29/2015 @ 8:40am DES MOINES, Iowa (Agriculture.com)--The CME Group's soybean and corn markets closed lower…

Grain Markets Seen Extending Losses Thursday By: 01/29/2015 @ 7:27am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Senator Grassley and his Mower
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]