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Corn, wheat close lower

Mike McGinnis 10/05/2012 @ 9:37am

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

The Dec. futures corn contract settled 9 cents lower at $7.48. Nov. soybean futures contract ended unchanged at $15.51. Dec. wheat futures settled 11 3/4 cents lower at $8.57 per bushel. The Dec. soyoil futures contract ended $0.25 lower at $51.19. The Dec. soymeal futures contract settled $2.30 per short ton higher at $471.20.

In the outside markets, the NYMEX crude oil is $1.88 per barrel lower, the dollar is lower and the Dow Jones Industrials are 34 points higher.


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