Home / News / Crops news / Higher grain markets Monday

Higher grain markets Monday

01/23/2012 @ 7:41am

Following the overnight trade, the CME Group corn, soybeans and wheat prices could see a higher start Monday.

The Early Calls for the commodities on Monday, January 23, 2012, are higher. Corn is seen opening 4-6 cents higher, soybeans 12-14 cents higher, and wheat 6-8 cents higher.

In overnight trading, the March corn futures contract traded 6 1/2 cents higher at $6.18 per bushel. March soybean futures traded 15 1/2 cents higher at $12.02 per bushel, and March wheat traded 6 1/2 cents higher at $6.17. For March soybean meal futures, the contract traded $5.40 per short ton higher at $317.30 March soybean oil futures traded $0.56 higher at $50.99.

The outside markets are favorable 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 +

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

Corn, Wheat to Trade Higher Thursday By: 10/30/2014 @ 7:44am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

Soybeans Close 35¢ Higher Wednesday By: 10/29/2014 @ 9:12am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group soybean complex ended on a sharp…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes