Home / News / Crops news / Mostly higher markets expected Wednesday

Mostly higher markets expected Wednesday

10/02/2013 @ 7:56am

On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly higher.

The early calls for the commodities on Wednesday, October 2, 2013, are mostly higher. Corn is seen opening 1-2 cents lower, soybeans 5-7 cents higher, and wheat 1-2 cents higher.

In overnight trading, the Dec. corn futures traded 3/4 of a cent lower at $4.38 per bushel. The Nov. soybean futures traded 7 1/2 cents higher at $12.75. The Dec. wheat futures contract traded 1 1/2 cents higher at $6.83. For Dec. soybean meal futures, the contract traded $4.40 per short ton higher at $407.70; Dec. soybean oil futures traded $0.11 lower at $40.16.

The outside markets are slightly 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 Trade 8¢ Higher Tuesday By: 04/28/2015 @ 8:42am DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean and wheat…

Soybeans Seen Supported Tuesday By: 04/28/2015 @ 7:24am On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start mixed. The…

Old-Crop Soybeans End Higher By: 04/27/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group's soybean market…

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

FREE MEMBERSHIP!

CLOSE [X]