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Farm markets trade higher

03/04/2014 @ 8:37am

DES MOINES, Iowa (Agriculture.com)--Russia pulls forces back, the CME Group wheat, corn, and soybean markets trade higher Tuesday.


At midsession, the May corn futures contract is trading 5 1/4 cents higher at $4.76. The May soybean futures contract is 13 cents higher at $14.22. May wheat futures are 3 1/2 cents higher at $6.35 per bushel. The May soymeal futures contract is trading $2.10 per short ton higher at $452.60. The May soyoil futures are trading $0.62 higher at $43.00.


In the outside markets, the ICE Brent crude oil is $1.55 per barrel lower, the dollar is higher, and the Dow Jones Industrials are 215 points higher.

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