Home / News / Crops news / Higher farm markets seen for Thursday

Higher farm markets seen for Thursday

09/19/2013 @ 7:32am

On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start higher.


The early calls for the commodities on Thursday, September 19, 2013, are higher. Corn is seen opening 5 to 7 cents higher, soybeans 10 to 12 cents higher, and wheat 8 to 10 cents higher.


In overnight trading, the Dec. corn futures traded 5 cents higher at $4.61 per bushel. The Nov. soybean futures traded 11 cents higher at $13.59. The Dec. wheat futures contract traded 10 cents higher at $6.57. For Dec. soybean meal futures, the contract traded $5.10 per short ton higher at $430.90; Dec. soybean oil futures traded $0.11 higher at $42.82.

The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the stronger overnight markets.


JOIN US: The Successful Farming Marketing Academy.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Rally On Export Inspections By: 12/22/2014 @ 2:23pm DES MOINES, Iowa (Agriculture.com)—On Monday, the CME Group’s soybean market finished higher…

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Felling a Tree
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]