Farm markets end down
DES MOINES, Iowa (Agriculture.com)--Technical selling and wetter weather for U.S. Plains and Argentina pushed the CME Group corn, soybean and wheat markets to a lower close Wednesday.
The March futures corn contract closed 7 cents lower at $7.29. The March soybean futures contract settled 14 cents lower at $14.37. March wheat futures ended 4 cents lower at $7.74 per bushel. The March soyoil futures contract finished $0.40 lower at $52.03. The March soymeal futures finished $5.10 per short ton lower at $416.50.
In the outside markets, the NYMEX crude oil is $1.38 per barrel lower, the dollar is higher and the Dow Jones Industrials are 80 points higher.