CHICAGO, Illinois (Agriculture.com)--At mid-session, the easing weather outlook and profit-taking have the CME Group futures markets lower Thursday. The Dec. corn futures are trading 7 3/4 cents lower at $6.70. The Nov. soybean contract is trading unchanged at $13.84. The Sep. wheat futures are trading 14 3/4 cents lower at $6.82 1/4. The Dec. soybean meal futures contract is trading $1.00 per short ton lower at $366.50 and Dec. soyoil futures are trading $0.09 lower at $57.61. In the outside markets, the NYMEX crude oil is $1.58 per barrel higher, the dollar is lower and the Dow Jones Industrials are up 112 points. The Wednesday afternoon European model has backed off the idea of a second 'heat dome', according to Wxrisk.com, the website. So, the period of July 28-29-30-31 is looking less threatening for the Midwest crops.







