Home / Markets / Markets Analysis / Corn market / Grain, soybeans remain lower

Grain, soybeans remain lower

01/31/2013 @ 10:08am

KANSAS CITY, Missouri (Agriculture.com)--The CME Group corn, soybean and wheat markets remain pressured due to traces of rainfall in Argentina Thursday. The crop-weather is trumping strong soybean export sales Thursday.

The March futures corn contract is trading 2 cents lower at $7.37. The March soybean futures contract is trading 10 cents lower at $14.62. March wheat futures are trading 7 cents lower at $7.79 per bushel. The March soyoil futures contract is trading $0.28 lower at $52.32. The March soymeal futures are trading $6.10 per short ton lower at $426.60. 

in the outside markets, the NYMEX crude oil is $0.79 per barrel lower, the dollar is lower and the Dow Jones Industrials are 33 points lower.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Outlook: Harvest Weather Seen Favorable… By: 09/19/2014 @ 11:47am At least one thing is clear. The Midwest frost threat is no longer a worry, through early October…

Soybeans, Wheat Drop Double-Digits By: 09/19/2014 @ 8:38am DES MOINES, iowa (Agriculture.com)—Big yields, favorable weather, held the CME Group’s corn…

All Farm Markets Seen Weaker Friday By: 09/19/2014 @ 7:31am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Improving Soil Health