Home / News / Crops news / Monday's farm markets seen higher

Monday's farm markets seen higher

01/14/2013 @ 7:38am

The CME Group commodities have a strong overnight market to use to start double-digit higher Monday.

The early calls for the commodities on Monday, January 14, 2013, are higher. Corn is seen opening 10-12 cents higher. Soybeans are seen 16-18 cents higher and wheat 12-14 cents higher.

In overnight trading, the March corn futures contract traded 13 cents higher at  $7.22 per bushel. March soybean futures traded 20 cents higher at $13.93 per bushel, and March wheat traded 15 cent higher at $7.70. For January soybean meal futures, the contract traded $4.50 per short ton higher at $408.80. Jan. soybean oil futures traded $0.59 cents higher at $49.83. 

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


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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Tuesday's Soybean Market Remains Higher By: 07/28/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—On Tuesday, the CME Group corn, soybean and wheat markets…

USDA: Corn Crop Improves, Soybeans Hold… By: 07/27/2015 @ 3:19pm DES MOINES, Iowa (Agriculture.com)—The U.S. corn crop's condition is improving, while the…

Soybeans Close 30¢ Lower By: 07/27/2015 @ 8:52am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group corn, soybean markets closed sharply…

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

FREE MEMBERSHIP!

CLOSE [X]