Home / News / Crops news / Mixed grain, soy prices Wednesday

Mixed grain, soy prices Wednesday

03/07/2012 @ 7:37am

With Friday's WASDE Report approaching, mixed CME Group corn, soybean and wheat markets can be expected today. 

The Early Calls for the commodities on Wednesday, March 7, 2012, are mostly higher. 

Corn and soybeans are seen opening 2-3 cents higher and wheat 1-2 cents lower.

In overnight trading, the May corn futures contract traded 1/4 of a cent higher at $6.54 1/4 per bushel. May soybean futures traded 1 cent higher at $13.36 3/4 per bushel, and May wheat traded 1 1/2 cents lower at $6.56 1/4. For May soybean meal futures, the contract traded $1.60 per short ton lower at $364.30. May soybean oil futures traded $0.41 higher at $53.69.

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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 09/02/2014 @ 8:37am DES MOINES, Iowa (Agriculture.com)--Crop disease concerns play into the CME Group's soybean…

Corn, Soybeans Seen Starting Higher Tuesday By: 09/02/2014 @ 8:01am On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start…

All Farm Markets Close Lower By: 08/29/2014 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Despite the concern over crop diseases, the pressure got to the…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Confluence Project: Bioreactors