Home / News / Crops news / Lower farm markets for Friday

Lower farm markets for Friday

08/03/2012 @ 7:25am

The CME Group corn, soybean and wheat markets are positioning themselves for a weaker open Friday, due to lower overnight trading. 

The Early Calls for the commodities on Friday, August 3, 2012, are lower. Corn is seen opening 5-7 cents lower, soybeans 5-7 cents lower, and wheat 3-4 cents higher.

In overnight trading, the Sep. corn traded 4 cents lower at $7.90 per bushel, while the Dec. contract traded 5 cents lower at $7.90 3/4.  Nov. soybean futures traded 6 cents lower at $16.10 1/2 per bushel. Sep. wheat futures traded 3 cents higher at $8.68.

The outside markets are favorable for Friday's grain trade. The real factors driving the calls will be the lower 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.
Cool Tools Christmas Edition: Craftsman Two-in-One