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

Farm markets end lower

05/23/2011 @ 9:40am

CHICAGO, Illinois (Agriculture.com)--Outside market pressure is keeping the CME Group grain and soybean prices knocked down Monday.

At mid-session, the July corn futures are 3/4 of a cent lower at $7.58 3/4. The July soybean contract is 3 cents lower at $13.77 1/4. The July wheat futures are 12 3/4 cents lower at $7.93 3/4. The July soybean meal futures are $0.60 per short ton lower at $360.00. July soyoil is $0.18 lower at $57.28.

In the outside markets, the NYMEX crude oil is $3.10 per barrel lower, the dollar is higher and the Dow Jones Industrials are down 162 points.

With crude oil falling 3%, and the dollar rising, the commodities are under pressure Monday, analysts say.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Profit-taking Sinks Soybeans, Corn By: 10/24/2014 @ 8:57am DES MOINES, Iowa (Agriculture.com)—With the CME Group’s corn, soybean and wheat markets turning…

Soybeans Close 20¢ Higher Tuesday By: 10/21/2014 @ 8:39am DES MOINES, Iowa (Agriculture.com)—Slow harvest pace and buyers’ participation have underpinned…

Harvest Pressure Sinks Soybeans By: 10/20/2014 @ 8:50am DES MOINES, Iowa (Agriculture.com)— The CME Group’s corn, soybean, and wheat markets finished…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?