Home / News / Crops news / Wednesday's grain markets seen slightly higher

Wednesday's grain markets seen slightly higher

11/13/2013 @ 7:40am

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


The early calls for the commodities on Wednesday, November 13, 2013, are mostly higher. Corn is seen opening 1 to 2 cents higher, soybeans 3 to 5 cents lower, and wheat 2 to 4 cents higher.


In overnight trading, the Dec. corn futures contract traded 1 1/4 cents higher at $4.33 per bushel. The Nov. soybean futures traded 3 cents lower at $13.16. The Dec. wheat futures contract traded 2 1/4 cents higher at $6.47. For Dec. soybean meal futures, the contract traded $2.10 per short ton lower at $425.60; Dec. soybean oil futures traded $0.23 higher at $40.98.


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


VIDEO: See Why Farmers Like the Marketing Academy.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybeans Seen Extending Gains By: 12/10/2014 @ 5:52am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Chainsaw Accessories
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]