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 +

Soybeans, Wheat Close Double-Digits Lower By: 09/18/2014 @ 8:41am DES MOINES, Iowa (Agriculture.com)--Despite strong weekly export sales and fresh soybean sales to…

Soybeans to Edge Higher Thursday By: 09/18/2014 @ 7:40am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

Corn Closes Lower, Soybeans Higher By: 09/17/2014 @ 8:51am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group soybean and wheat markets have…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soil Health at Farm Science Review