Home / Markets / Markets Analysis / Corn market / Farm markets close lower

Farm markets close lower

12/09/2011 @ 9:36am

Despite favorable outside markets, the bearish USDA Report is keeping pressure on the CME Group corn, soybean and wheat prices Friday.

At mid-session, the March corn futures are trading 12 cents lower at $5.88 1/4. The Jan. soybean contract is trading 26 1/2 cents lower at $11.06. The March wheat futures are trading 7 1/2 cents lower at $5.89 1/2. The January soymeal futures contract is trading $6.80 per short ton lower at $277.50. The January soyoil futures are trading $1.17 lower at $49.28.


In the outside markets, the NYMEX crude oil is $0.06 per barrel higher, the dollar is lower and the Dow Jones Industrials are up 152 points.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Outlook: Harvest Weather Seen Favorable… By: 09/19/2014 @ 11:47am At least one thing is clear. The Midwest frost threat is no longer a worry, through early October…

Soybeans, Wheat Drop Double-Digits By: 09/19/2014 @ 8:38am DES MOINES, iowa (Agriculture.com)—Big yields, favorable weather, held the CME Group’s corn…

All Farm Markets Seen Weaker Friday By: 09/19/2014 @ 7:31am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Improving Soil Health