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

Mixed corn, soybean trade seen Wednesday

11/28/2012 @ 7:31am

Today's CME Group corn, soybean, and wheat trading are expected to trade mixed. 

The early calls for the commodities on Wednesday, November 28, 2012, are mostly lower. Corn is seen opening 1 to 2 cents higher, soybeans 4 to 6 cents lower, and wheat 2 to 4 cents lower.


In overnight trading, the December corn futures contract traded 1/4 of a cent higher at $7.64 per bushel. January soybean futures traded 4 cents lower at $14.44 per bushel, and March wheat traded 2 cents lower at $8.86. For January soybean meal futures, the contract traded 10 cents per short ton lower at $433.30. January soybean oil futures traded 31 cents lower at $50.10.


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


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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Day, Month On A Rally By: 10/31/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)—A buying frenzy, at the close Friday, pushed up the CME Group…

Lower Farm Markets Seen For Friday By: 10/31/2014 @ 8:13am On Friday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes