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Farm markets close lower

Updated: 02/11/2013 @ 4:17pm

DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean and wheat markets close lower Monday.

The March futures corn contract settled 6 cents lower at $7.02. The March soybean futures contract finished 21 cents lower at $14.31. March wheat futures finished 14 cents lower at $7.41 per bushel. The March soyoil futures contract settled $0.19 lower at $51.24. The March soymeal futures finished $9.40 per short ton lower at $413.00. 

In the outside markets, the NYMEX crude oil is $1.21 per barrel higher, the dollar is lower and the Dow Jones Industrials are 16 points lower.



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