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

Mixed corn, soybean markets

11/02/2011 @ 7:13am

Though overnight grain markets traded lower, the outside markets have turned favorable, helping to improve the chances of higher CME Group corn, soybeans and wheat futures prices Wednesday. 

Still, the Early Calls for the commodities on Wednesday, November 2, 2011, are mixed. Corn is seen opening 2-4 cents lower, soybeans 4-6 cents higher, and wheat down 1-2 cents.

In overnight electronic trading, the Dec. corn futures contract traded 2 1/4 cents lower at $6.52 per bushel. The Jan. soybean futures contract traded 8 cents higher at $12.10 1/2 per bushel. The Dec. wheat futures contract traded 1 3/4 cents lower at $6.28 1/4. For Dec. soymeal futures, the contract traded $2.70 per short ton higher at $313.40 and Dec. soyoil $0.20 higher at $51.00. 

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


Discuss today's corn, soybean, and wheat markets in Marketing Talk. 


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
New 6631 Sunflower Vertical Tillage System