Home / News / Crops news / Higher start seen for corn, soybeans Monday

Higher start seen for corn, soybeans Monday

03/04/2013 @ 7:36am

DES MOINES, Iowa (Agriculture.com)--To start the week, the CME Group corn, soybean markets seen slightly higher Monday.

The early calls for the commodities on Monday, March 4, 2013, are mostly higher. Corn is seen opening 1-2 cents higher. Soybeans are seen 2-4 cents higher and wheat 1-2 cents lower.

In overnight trading, the March corn futures contract traded 1 cent higher at $7.24 per bushel. March soybean futures traded 2 cents higher at $14.66 per bushel, and March wheat traded 1 cent lower at $7.12. For March soybean meal futures, the contract traded $0.30 per short ton lower at $427.00. March soybean oil futures traded $0.032 cents higher at $49.50. 

The outside markets are unfavorable for Monday's grain trade. The real factors driving the calls will be the mostly higher overnight markets.


Discuss the corn, soybean and wheat markets in Marketing Talk.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 13¢ Lower Tuesday By: 11/18/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)—Acting like a ‘turnaround Tuesday’, the CME Group soybean…

Soybeans Seen Slightly Higher Tuesday By: 11/18/2014 @ 6:36am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close 13¢ Higher Monday By: 11/17/2014 @ 8:48am DES MOINES, Iowa (Agriculture.com)—On Monday, the CME Group soybean market closed higher, with…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cylinder Leak-down Test-Engine Answerman