Home / News / Crops news / Mostly lower start for farm markets

Mostly lower start for farm markets

02/25/2013 @ 7:42am

DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group corn, soybean and wheat markets are mixed.

The early calls for the commodities on Monday, February 25, 2013, are mostly lower. Corn is seen opening 1-2 cents lower. Soybeans are seen 3-5 cents higher and wheat 3-5 cents lower.

In overnight trading, the March corn futures contract traded 1 cent lower at $6.90 per bushel. March soybean futures traded 3 cents higher at $14.64 per bushel, and March wheat traded 4 cents lower at $7.10. For March soybean meal futures, the contract traded $3.80 per short ton higher at $430.70. March soybean oil futures traded $0.35 cents lower at $50.00. 

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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Farm Markets Remain Lower Thursday By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets remain under selling pressure…

Corn, Wheat To Trade Higher Thursday By: 10/30/2014 @ 7:44am On Thursday, the CME Group's corn, soybean and wheat markets are expected to start…

Soybeans Close 35¢ Higher Wednesday By: 10/29/2014 @ 9:12am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group soybean complex ended on a sharp…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?