Grain, soybeans remain lower
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.