Home / News / Crops news / Mixed farm markets seen Monday

Mixed farm markets seen Monday

07/01/2013 @ 7:36am

Still digesting the bearish data from Friday's USDA Reports, the CME Group corn, soybean, and wheat markets are seen mixed Monday.


The early calls for the commodities on Monday, July 1, 2013, are mixed. Corn is seen opening 1 to 2 cents lower, soybeans 16 to 18 cents higher, and wheat 3 to 5 cents higher.


In overnight trading, the July corn futures contract traded 1 cent lower at $6.78 per bushel. December corn futures traded 3 cents lower at $5.07 per bushel. July soybean futures traded 18 cents higher at $15.83. The September wheat futures contract traded 2 cents higher at $6.59. For August soybean meal futures, the contract traded $4.30 per short ton higher at $439.20. August soybean oil futures traded 32 cents higher at $46.61.


The outside markets are favorable for Monday'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 +

Corn, Wheat End Higher By: 03/03/2015 @ 8:41am DES MOINES, Iowa (Agriculture.com)—With very choppy trading Tuesday, the CME Group corn, soybean…

Higher Corn, Soybean Prices Expected Tuesday By: 03/03/2015 @ 7:24am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start higher. The…

Soybean Market Closes 18¢ Lower By: 03/02/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Parallel linkage
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]