Mixed corn, soybean markets seen Friday
On Friday, the CME Group's corn, soybean, and wheat markets are expected to start mixed.
The early calls for the commodities on Friday, November 15, 2013, are mixed. Corn is seen opening mixed, soybeans 3 to 5 cents lower, and wheat mixed.
In overnight trading, the Dec. corn futures contract traded unchanged at $4.26 per bushel. The Nov. soybean futures traded 3 1/2 cents lower at $13.10. The Dec. wheat futures contract traded unchanged at $6.44. For Dec. soybean meal futures, the contract traded $2.30 per short ton lower at $422.30; Dec. soybean oil futures traded $0.23 higher at $41.20.
The outside markets are favorable for Friday's grain trade. The real factors driving the calls will be the mixed overnight markets.