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 +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Corn Trades Higher, Soybeans Drop Thursday By: 07/02/2015 @ 8:56am DES MOINES, Iowa (Agriculture.com)--The CME Group's soybean and wheat markets opened lower…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, 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]