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

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Update - Late May, Early June