Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Soybeans, Grains May Open Lower on Beneficial U.S. Weather

What follows are opening calls for U.S. grain and oilseed markets.

-- Soybean futures may open 5 cents to 8 cents a bushel lower on the Chicago Board of Trade on speculation that warm, wet weather will boost early crop development in the U.S. Midwest as demand from importers wanes, Greg Grow, the director of agribusiness for Archer Financial Services Inc. in Chicago said in a telephone interview. Soybean-meal futures may open down $2 to $4 per 2,000 pounds and soybean-oil futures are expected to open steady to 0.05 cent a pound higher.

-- Wheat futures may open 2 cents to 3 cents a bushel lower on the CBOT, the Kansas City Board of Trade and the Minneapolis Grain Exchange as favorable weather boosts crops and on industry estimates that Kansas may have the biggest harvest since 2003, Grow said.

-- Corn futures are called to open steady to 2 cents a bushel lower in Chicago on speculation that weekend rains in the Midwest and forecasts for warmer weather this week will aid early crop development after planting during the past three weeks, Grow said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.