Home / News / Crops news / Mixed farm markets Monday

Mixed farm markets Monday

03/05/2012 @ 7:31am

Ahead of this week's WASDE Report, the CME Group corn, soybean and wheat markets could remain in a cautious mode. The Early Calls for the commodities on Monday, March 5, 2012, are mostly lower. 

Corn is seen opening 3-5 cents higher, soybeans 1-2 cents lower and wheat 1-2 cents lower.

In overnight trading, the May corn futures contract traded 3 cents higher at $6.58 per bushel. May soybean futures traded 1 1/2 cents lower at $13.31 1/2 per bushel, and May wheat traded 1 1/2 cents lower at $6.73. For May soybean meal futures, the contract traded unchanged at $359.10. May soybean oil futures traded $0.12 higher at $54.20.

The outside markets are mildly favorable for Monday's grain trade. The real factors driving the calls will be the slightly lower overnight markets.


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Grains, Soybeans Mixed to Close Thursday By: 07/02/2015 @ 8:56am Grains and soybeans were mixed to close the day Thursday. At the open, the September corn…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-Wildlife Diversity
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]