Home / News / Crops news / Higher farm markets seen Friday

Higher farm markets seen Friday

02/15/2013 @ 7:54am

DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group corn, wheat and soybean markets are expected to be higher. 

The early calls for the commodities on Friday, February 15, 2013, are higher. Corn is seen opening 4-6 cents higher. Soybeans are seen 6-8 cents higher and wheat 8-10 cents higher.

In overnight trading, the March corn futures contract traded 6 cents higher at $7.00 per bushel. March soybean futures traded 6 cents higher at $14.24 per bushel, and March wheat traded 8 cents higher at $7.40. For March soybean meal futures, the contract traded $2.40 per short ton higher at $409.60. March soybean oil futures traded $0.16 cent higher at $51.86. 

The outside markets are unfavorable for Friday'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 +

Soybeans Jump Up 5¢ Wednesday By: 04/01/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybean Trading Seen Leaning Higher… By: 04/01/2015 @ 7:35am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

USDA Data Drops Corn 18¢ Tuesday By: 03/31/2015 @ 10:22am DES MOINES, Iowa (Agriculture.com)—It’s a big surprise from the USDA Tuesday. The U.S…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Pneumatic seed meters
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]