(Agriculture.com) – On Thursday, the CME Group’s corn, soybean and wheat markets are expected to start higher.
The early calls for the commodities on Thursday, March 26 , 2015, are higher. Corn is seen opening 1-2 cents higher, soybeans 1-2 cents higher, and wheat 4-6 cents higher.
In overnight trading, the May corn futures contract traded 1 cents higher at $3.96. May soybean futures traded 1 3/4 cents higher at $9.80.
May wheat futures contract traded 4 3/4 cents higher at $5.23. For May soybean meal futures, the contract traded $0.40 per short ton lower at $324.10, May soybean oil futures traded $0.39 higher at $31.47.
The outside markets are favorable for Thursday’s grain trade. The real factors driving the calls will be the higher overnight markets.
