Home / News / Crops news / Mostly lower farm markets Tuesday

Mostly lower farm markets Tuesday

10/09/2013 @ 7:45am

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


The early calls for the commodities on Tuesday, October 9, 2013, are mostly lower. Corn is seen opening 1 to 2 cents lower, soybeans 4 to 5 cents lower, and wheat 1 to 2 cents lower.


In overnight trading, the Dec. corn futures traded 1/4 of a cent higher at $4.42 per bushel. The Nov. soybean futures traded 4 cents lower at $12.84. The Dec. wheat futures contract traded 1 3/4 cents lower at $6.91. For Dec. soybean meal futures, the contract traded $3.10 per short ton lower at $411.80; Dec. soybean oil futures traded $0.17 higher at $40.60.


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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn Ends Lower, Soybeans Mixed By: 04/17/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group corn markets closed lower, soybeans…

Mixed farm markets seen Thursday By: 04/17/2014 @ 8:05am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Soybeans Close 17¢ Higher By: 04/16/2014 @ 8:46am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, wheat markets came…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Big Picture: CME Trading Weather