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 Close 18¢ Higher By: 07/23/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market finished stronger, leading the way…

Soybean Prices to Tick Higher Wednesday By: 07/23/2014 @ 7:41am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close 13¢ Lower By: 07/22/2014 @ 9:17am DES MOINES, Iowa (Agriculture.com)--After starting higher, the CME Group corn, soybean and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soybeans Rally on Demand, Weather