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 +

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