Corn ends mixed, soybeans lower
DES MOINES, Iowa (Agriculture.com)--On Thursday, stronger-than-expected export sales have been unable to trump the improved outlook for crop-weather next week. As a result, the CME Group corn, soybean and wheat markets closed mostly lower.
The Sept. futures corn contract settled 3 cents higher at $5.41. New-crop Dec. corn futures closed 1 cents lower at $5.00. The Aug. soybean futures contract finished 8 cents lower at $14.69, new-crop Nov. soybeans finished 17 cents lower at $12.65. Sept. wheat futures settled 5 cents lower at $6.60 per bushel. The Dec. soymeal futures finished $8.10 short ton lower at $377.90.
In the outside markets, the NYMEX crude oil is $1.71 per barrel higher, the dollar is higher and the Dow Jones Industrials are 86 points higher.