Home / News / Crops news / Soybeans seen trading higher Friday

Soybeans seen trading higher Friday

09/27/2013 @ 7:15am

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


The early calls for the commodities on Friday, September 27, 2013, are mostly lower. Corn is seen opening 1 to 2 cents lower, soybeans 4 to 5 cents higher, and wheat 1 to 2 cents lower.


In overnight trading, the Dec. corn futures traded 1/4 cent lower at $4.56 per bushel. The Nov. soybean futures traded 4 cents higher at $13.20. The Dec. wheat futures contract traded 1/4 cent lower at $6.77. For Dec. soybean meal futures, the contract traded $1.20 per short ton higher at $416.10; Dec. soybean oil futures traded $0.19 higher at $42.24.

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


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


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Old-Crop Soybeans End Higher By: 04/27/2015 @ 8:38am DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group's soybean market…

Soybeans To Edge Higher Monday By: 04/27/2015 @ 7:41am On Monday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

Wheat Closes 11¢ Lower By: 04/24/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean, and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Disc openers
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]