Corn, Soybeans Giveback Gains Tuesday
DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean, and wheat markets are consolidating Tuesday.
At midsession, the Dec. corn futures are trading 7 1/4 cents lower at $3.81. Nov. soybean futures are trading 11 3/4 cents lower at $10.74. Sep. wheat futures are 6 cents lower at $5.31. The Dec. soymeal futures contract is trading $3.50 per short ton lower at $345.20. The Dec. soyoil futures are trading $0.48 lower at $36.62.
In the outside markets, the NYMEX Brent crude oil is $1.76 per barrel lower, the dollar is higher, and the Dow Jones Industrials are 36 points lower.