Home / News / Crops news / Mixed corn, soybean markets seen Wednesday

Mixed corn, soybean markets seen Wednesday

08/07/2013 @ 6:02am

BUFFALO, New York (Agriculture.com)--On Wednesday, the CME Group corn, soybean, and wheat markets are expected to trade mixed. 

The early calls for the commodities on Wednesday, August 7, 2013, are mixed. Corn is seen opening 1 to 2 cents higher, soybeans 5 to 7 cents lower, and wheat 3 to 5 cents lower.

In overnight trading, the Sep. corn traded 1 cent higher at $4.73 per bushel, while the Dec. contract traded 1 cent higher at $4.60.  Aug. soybean futures traded 5 cents lower at $13.19 per bushel, while the Nov. soybean futures are 1 cent higher at $11.68. Sep. wheat futures traded 3 cents lower at $6.47.

The outside markets are slightly favorable for Wednesday's grain trade. The real factors driving the calls will be the mixed overnight markets.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA Data Drops Corn 18¢ Tuesday By: 03/31/2015 @ 10:22am DES MOINES, Iowa (Agriculture.com)—It’s a big surprise from the USDA Tuesday. The U.S…

Corn, Wheat Close 18¢ Lower By: 03/31/2015 @ 8:37am DES MOINES, Iowa  (Agriculture.com)—On Tuesday, a USDA Report that showed greater U.S. corn…

Ahead of USDA, Corn, Soybeans Seen Lower… By: 03/31/2015 @ 7:25am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start lower. USDA…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Seeds
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]