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 +

Soybeans Close 18¢ Higher By: 07/23/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market finished stronger, leading the way…

Soybean Prices to Tick Higher Wednesday By: 07/23/2014 @ 7:41am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close 13¢ Lower By: 07/22/2014 @ 9:17am DES MOINES, Iowa (Agriculture.com)--After starting higher, the CME Group corn, soybean and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soybeans Rally on Demand, Weather