Home / News / Crops news / Mostly higher soybean, corn prices Monday

Mostly higher soybean, corn prices Monday

05/21/2012 @ 7:38am

Soybeans are geared up to regain some of Friday's losses, with mixed trading seen for the CME Group wheat and corn markets Monday.

 The Early Calls for the commodities on Monday, May 21, 2012, are mostly higher. Corn is seen opening 1-2 cents higher, wheat 1-2 cents lower and soybeans 4-6 cents higher.

In overnight trading, the July corn futures contract traded 1 1/2 cents higher at $6.37 per bushel. July soybean futures traded 8 cents higher at $14.13 per bushel, and July wheat traded 3 1/4 cents lower at $6.92. For July soybean meal futures, the contract traded $1.10 per short ton higher at $419.00. July soybean oil futures traded $0.36 higher at $50.68.

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 +

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybeans Seen Extending Gains By: 12/10/2014 @ 5:52am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The Future of Livestock Production
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]