Corn, wheat markets weaken
DES MOINES, Iowa (Agriculture.com)--After a stronger start to the day's trading session, the CME Group corn and wheat markets have reversed to negative territory Friday.
At mid-session, the July corn futures trade 5 3/4 cents lower at $6.06 3/4. The July soybean contract is trading 5 1/2 cents higher $14.26 1/4. The July wheat futures are trading 6 cents lower at $6.24. The July soymeal futures are trading $1.10 per short ton higher at $396.50. The July soyoil futures are trading $0.36 higher at $55.95.
In the outside markets, the NYMEX crude oil is $1.50 per barrel higher, the dollar is lower and the Dow Jones Industrials are up 113 points.