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Farm markets close higher

01/03/2014 @ 8:56am

DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group corn, soybean and wheat markets closed higher.

The March corn futures contract settled 3 cents higher at $4.23. The March soybean futures contract ended 1 1/4 cents higher at $12.71. March wheat futures ended 8 cents higher at $6.05 per bushel. The March soymeal futures contract closed $0.80 per short ton higher at $407.10. The March soyoil futures closed $0.20 lower at $38.60.

In the outside markets, the NYMEX crude oil is $1.29 per barrel lower, the dollar is higher and the Dow Jones Industrials are 35 points higher.

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