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Corn, soybean markets start higher

07/30/2013 @ 8:40am

After trading down five sessions in a row, the CME Group corn market is up Tuesday.

At mid-session, the Sept. futures corn contract is 3 cents higher at $4.91. The Dec. corn futures are 2 cents higher at $4.75. The Aug. soybean futures contract is trading 9 cents lower at $13.58, new-crop Nov. soybeans are trading 7 cents lower at $12.12. Sept. wheat futures are trading 4 cents higher at $6.55 per bushel. The Dec. soymeal futures are trading $5.20 per short ton higher at $366.40. The Aug. soyoil futures are trading $0.23 higher at $43.05.

In the outside markets, the NYMEX crude oil is $1.55 per barrel lower, the dollar is higher and the Dow Jones Industrials are 6 points higher.

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