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

Higher corn, soybean trading Monday

06/18/2012 @ 7:43am

The CME Group corn, soybean and wheat markets will start higher Monday.

The Early Calls for the commodities on Monday, June 18, 2012, are higher. Corn is seen opening 2-4 cents higher, soybeans 7-8 cents higher, and wheat 3-5 cents higher.

In overnight trading, the July corn futures contract traded 2 1/4 cents  higher at $5.82 per bushel. July soybean futures traded 10 3/4 cents higher at $13.86 3/4 per bushel, and July wheat traded 6 3/4 cents higher at $6.16 1/4. For July soybean meal futures, the contract traded $3.10 per short ton higher at $413.20. July soybean oil futures traded $0.58 higher at $49.02.

The outside markets are unfavorable for Monday'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 +

Outlook: Harvest Weather Seen Favorable… By: 09/19/2014 @ 11:47am At least one thing is clear. The Midwest frost threat is no longer a worry, through early October…

Soybeans, Wheat Drop Double-Digits By: 09/19/2014 @ 8:38am DES MOINES, iowa (Agriculture.com)—Big yields, favorable weather, held the CME Group’s corn…

All Farm Markets Seen Weaker Friday By: 09/19/2014 @ 7:31am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Improving Soil Health