Home / News / Crops news / Mostly weaker grain markets seen Monday

Mostly weaker grain markets seen Monday

09/09/2013 @ 7:09am

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


The early calls for the commodities on Monday, September 9, 2013, are lower. Corn is seen opening 1 to 2 cents lower, soybeans 8 to 10 cents higher, and wheat 4 to 6 cents lower.


In overnight trading, the Dec. corn futures traded 2 cents lower at $4.66 per bushel. Nov. soybean futures traded 8 cents higher at $13.76. The Dec. wheat futures contract traded 4 cents lower at $6.43. For Dec. soybean meal futures, the contract traded $2.70 per short ton higher at $431.60; Dec. soybean oil futures traded $0.20 higher at $43.92.

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


JOIN US: The Successful Farming Marketing Academy.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The 'A' List: Weekend Market Volatility and Planting Nerves
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]