Home / News / Crops news / Higher corn, soybean prices Tuesday

Higher corn, soybean prices Tuesday

06/26/2012 @ 7:37am

The CME Group corn, soybean and wheat markets are poised to trade higher Tuesday. 

The Early Calls for the commodities on Tuesday, June 26, 2012, have flipped from lower to higher. Corn is seen opening 8-10 cents higher, soybeans 7-9 cents lower, and wheat 1-2 cents higher.

In overnight trading, the July corn futures contract traded 13 1/4 cents higher at $6.44 1/2 per bushel. July soybean futures traded 10 1/4 cents higher at $14.92 3/4 per bushel, and July wheat traded 1 3/4 cents lower at $7.22 1/2. For July soybean meal futures, the contract traded $1.70 per short ton higher at $434.50. July soybean oil futures traded $0.24 higher at $51.51.

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


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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Trade Responds to USDA Bullish Data By: 06/30/2015 @ 10:40am DES MOINES, Iowa (Agriculture.com)—The amount of U.S. corn and soybean acres planted in 2015 has…

Corn 'Limit' Up, Soybeans Close Up… By: 06/30/2015 @ 8:39am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn market closed at its…

Corn, Wheat Prices Seen Moving Up Tuesday By: 06/30/2015 @ 7:24am On Tuesday, 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.
Cover Crops-Wildlife Diversity
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]