Home / News / Crops news / Mixed farm markets for Thursday

Mixed farm markets for Thursday

05/23/2013 @ 7:04am

The CME Group's corn, soybean, and wheat markets are expected to start mixed Thursday.

The early calls for the commodities on Thursday, May 23, 2013, are mostly mixed. Corn is seen opening 1 to 2 cents lower, soybeans mixed, and wheat 3 to 5 cents higher.

In overnight trading, the July corn futures contract traded 2 cents lower at $6.57 per bushel. The December corn futures traded 2 cents lower at $5.28. July soybean futures traded 3 cents higher at $14.96 per bushel, while November soybeans traded 1 cent lower at $12.38. The July wheat traded 5 cents higher at $6.93. For July soybean meal futures, the contract traded $1.10 per short ton lower at $439.50. The July soybean oil futures traded 12 cents lower at $49.52.

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

On Thursday, the USDA will release its Weekly Export Sales Report at 7:30 a.m. CT.

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

CancelPost Comment

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…

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