Home / News / Crops news / Mixed corn, soybean markets Thursday

Mixed corn, soybean markets Thursday

08/30/2012 @ 7:30am

With mostly lower overnight prices, the CME Group's floor trading of corn, soybean and wheat markets are expected to start Thursday's floor trading the same way.  

The Early Calls for the commodities on Thursday, August 30, 2012, are mostly lower. Corn is seen opening 1-2 cents higher, soybeans 2-4 cents lower, and wheat 2-4 cents lower.

In overnight trading, the Dec. corn futures contract traded 3/4 of a cent higher at $8.14 per bushel. Nov. soybean futures traded 3 1/2 cents lower at $17.49 per bushel, and Dec. wheat traded 2 1/2 cents lower at $9.03. For Dec. soybean meal futures, the contract traded $0.30 per short ton lower at $529.70. Dec. soybean oil futures traded $0.15 lower at $57.15.

The outside markets are unfavorable for Thursday's grain trade. The real factors driving the calls will be the lower overnight markets.


Discuss the corn, soybean and wheat markets in Marketing Talk.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Strong Dollar Pushes Corn, Soybeans To Lower… By: 05/26/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean and wheat…

Corn, Soybean Markets Seen Lower Tuesday By: 05/26/2015 @ 8:01am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start lower. The…

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…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Tips When Applying Pesticides
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]