Home / News / Crops news / Lower farm markets Friday

Lower farm markets Friday

02/10/2012 @ 7:36am

The CME Group corn, soybean and wheat markets are poised to trade lower Friday. 

The Early Calls for the commodities on Friday, February 10, 2012, are lower. Corn is seen opening 2-4 cents lower, soybeans and wheat 7-9 cents lower.

In overnight trading, the March corn futures contract traded 4 cents  lower at $6.33 per bushel. March soybean futures traded 8 1/2 cents lower at $12.19 per bushel, and March wheat traded 7 3/4 cents lower at $6.38 1/4. For March soybean meal futures, the contract traded $3.40 per short ton lower at $317.60. March soybean oil futures traded $0.27 lower at $52.27.

The outside markets are not favorable for Friday's grain trade. The real factors driving the calls will be the lower overnight markets.


Discuss corn, soybean and wheat markets in Marketing Talk.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Port Strike Spotlights Corn, Soybean Export… By: 02/27/2015 @ 4:41pm The West Coast dockworkers slowdown that ended a week ago has highlighted new concerns for the…

Wheat Ends 12¢ Higher, Corn Higher Too By: 02/27/2015 @ 8:39am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

Soybeans Seen Extending Week's Gains… By: 02/27/2015 @ 7:33am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start higher. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Llamas, Commodity Classic and Photo of the Week
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]