Home / Markets / Markets Analysis / Corn market / Corn closes higher Wednesday

Corn closes higher Wednesday

01/09/2013 @ 9:37am

DES MOINES, Iowa (Agriculture.com)--Tight supply concerns helped the CME Group corn market to close higher Wednesday.

The March futures corn contract settled 4 cents higher at $6.93. The Jan. soybean futures contract finished 1/2 of a cent lower at $13.86. March wheat futures finished 5 cents lower at $7.45 per bushel. The Jan. soyoil futures contract finished $0.11 higher at $49.64. The January soymeal futures finished $1.30 per short ton lower at $409.60.  

In the outside markets, the NYMEX crude oil is $0.09 per barrel lower, the dollar is higher and the Dow Jones Industrials are 35 points higher.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday…

Soybeans Close 14¢ Lower Friday By: 05/22/2015 @ 8:48am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Weather Update - Late May, Early June
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]