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 Settle Higher, Corn Closes Lower By: 07/29/2015 @ 8:49am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group corn market ends weaker, soybeans…

Corn, Wheat Markets Lean Lower Wednesday By: 07/29/2015 @ 7:44am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start lower.The…

Soybeans Settle Up 14¢ By: 07/28/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—On Tuesday, the CME Group soybean market regained some of its…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Show Bound Part 2-The First Show
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]