Corn, soybeans close lower
DES MOINES, Iowa (Agriculture.com)--Little news and quite trading pressured the CME Group corn, soybean and wheat markets Thursday.
The Dec. futures corn contract settled 4 cents lower at $7.21. Jan. soybean futures contract finished 17 cents lower at $14.02. Dec. wheat futures settled 3 cents lower at $8.45 per bushel. The Dec. soyoil futures contract finished $0.21 lower at $47.46. The Dec. soymeal futures contract closed $5.50 per short ton lower at $430.50.
In the outside markets, the NYMEX crude oil is $0.88 per barrel lower, the dollar is lower and the Dow Jones Industrials are 59 points lower.