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Corn, soybeans end mostly higher

Updated: 06/08/2012 @ 1:36pm

DES MOINES, Iowa (Agriculture.com)--The CME Group corn and soybean markets closed mostly higher Friday.

The July corn futures settle 4 3/4 cents higher at $5.98, while the Dec. contract closed 7 3/4 cents higher at $5.44 1/4. The July soybean contract ended 1/2 of a cent higher $14.28 1/2, while the Nov. 2012 contract finished 8 1/4 cents lower at $13.33. The July wheat futures settled 12 1/4 cents lower at $6.29 1/2. July soyoil futures closed $0.89 lower at $49.50. The July soymeal futures settled $4.70 per short ton higher at $430.20. 
In the outside markets, the NYMEX crude oil is $1.61 per barrel lower, the dollar is higher and the Dow Jones Industrials are up 65 points.

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