Home / News / Crops news / Higher farm markets Wednesday

Higher farm markets Wednesday

04/11/2012 @ 7:05am

With support from the overnight markets and a falling U.S. Dollar, the CME Group corn, soybean and wheat markets Wednesday look to reverse the negative action from yesterday's losses. 

The Early Calls for the commodities on Wednesday, April 11, 2012, are higher. 

Corn is seen opening 3-5 cents higher, soybeans 1-2 cents higher and wheat 6-8 cents higher.

In overnight trading, the July corn futures contract traded 3 3/4 cents higher at $6.29 per bushel. July soybean futures traded 3/4 of a cent higher at $14.28 per bushel, and July wheat traded 7 3/4 cents higher at $6.39 1/2. For July soybean meal futures, the contract traded $0.10 per short ton lower at $390.50. July soybean oil futures traded $0.29 lower at $57.06.

The outside markets are friendly for Wednesday'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 Settle Higher, Corn Closes Lower By: 07/29/2015 @ 8:49am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group corn market ends weaker, soybeans…

Corn, Wheat Markets Lean Lower Wednesday By: 07/29/2015 @ 7:44am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start lower.The…

Soybeans Settle Up 14¢ By: 07/28/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—On Tuesday, the CME Group soybean market regained some of its…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-How To Terminate
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]