Home / News / Crops news / Mostly lower grain market start seen

Mostly lower grain market start seen

06/21/2013 @ 7:07am

The CME Group's corn, soybean, and wheat markets are expected to start mostly lower Friday.


The early calls for the commodities on Friday, June 21, 2013, are mostly lower. Corn is seen opening 4 to 6 cents lower, soybeans 12 cents higher, and wheat 3 to 5 cents lower.


In overnight trading, the July corn futures contract traded 4 cents lower at $6.69 per bushel. The December corn futures traded 3 cents lower at $5.57. July soybean futures traded 1 cent higher at $14.98 per bushel, while November soybeans traded 6 cents lower at $12.78. The July wheat traded 3 cents lower at $6.97. For July soybean meal futures, the contract traded $1.70 per short ton lower at $447.00. The July soybean oil futures traded 7 cents lower at $48.33.


The outside markets are unfavorable for Friday's grain trade.


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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close Higher, Corn Lower By: 08/18/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group soybean market finished…

Corn Market Seen Higher Monday By: 08/18/2014 @ 8:08am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Summing Up a Head-Scratcher of a Grain… By: 08/15/2014 @ 12:46pm Traders end the week the same way they started it, by scratching their heads. Confusion reigned…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
CME Group and 4-H's Risk Ranch