Home / News / Crops news / Soybeans, wheat seen higher Wednesday

Soybeans, wheat seen higher Wednesday

09/25/2013 @ 7:50am

On Wednesday, the CME Group's soybean and wheat markets are expected to start higher.


The early calls for the commodities on Wednesday, September 25, 2013, are mostly higher. Corn is seen opening 1 to 2 cents lower, soybeans 4 to 6 cents higher, and wheat 2 to 4 cents higher.


In overnight trading, the Dec. corn futures traded 1 1/2 cents lower at $4.50 per bushel. The Nov. soybean futures traded 6 cents higher at $13.18. The Dec. wheat futures contract traded 4 1/2 cents higher at $6.62. For Dec. soybean meal futures, the contract traded $3.00 per short ton higher at $415.30; Dec. soybean oil futures traded $0.64 higher at $42.15.


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


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

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Scott Shellady: Options 101