Corn Trades Lower, Soybeans Mixed
DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean and wheat markets trade mostly lower.
In early trading, the July corn futures contract is trading 6 3/4 cents lower at $4.88. The Dec. corn futures are trading 5 3/4 cents lower at $4.83. The July soybean futures contract is 4 3/4 cents lower at $14.82. The Nov. soybean futures are trading 1 1/4 cents higher at $12.23. July wheat futures are 8 1/2 cents lower at $6.81 per bushel. The July soymeal futures contract is trading $0.80 per short ton lower at $485.70. The July soyoil futures are trading $0.15 lower at $41.23.
In the outside markets, the NYMEX Brent crude oil is $0.04 per barrel lower, the dollar is higher and the Dow Jones Industrials are 105 points lower.