Home / Markets / Markets Analysis / Corn market / Grain markets close mostly lower

Grain markets close mostly lower

Updated: 09/30/2010 @ 2:05pm

CHICAGO, Illinois (Agriculture.com)--After suffering steep early losses, the CME Group grain markets closed mixed Thursday.

The Dec corn futures settled 9 1/4 cents lower at $4.95 3/4. The Nov. soybean contract finished 7 3/4 cents higher at $11.06 3/4. The Dec. wheat futures settled 9 1/2 cents lower at $6.74.  The Dec. soyoil futures closed 65 points higher at $45.09. The Dec. soymeal futures contract ended $0.60 lower at $306.90 per short ton.

In the outside markets, the NYMEX crude oil is $2.20 per barrel higher, the dollar is higher, and the Dow Jones Industrials are down 12 points.

In its Grain Stocks Report Thursday, the USDA raised the 2010 U.S. corn grain stocks by 300 million bushels vs. its June report, sharply higher than trade estimates. As a result, the grain markets trade sharply lower.

CancelPost Comment

Soybeans Drop 10¢ Thursday By: 10/08/2015 @ 8:51am DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn and soybean markets…

Trade Eyes Acreage Cuts in Friday's… By: 10/07/2015 @ 1:57pm DES MOINES, Iowa (Agriculture.com)—The farm markets will get a new ‘number’ to trade Friday…

Soybeans, Corn Finish Mixed Wednesday By: 10/07/2015 @ 8:45am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn and soybean markets…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Freese Notis Midwest Weather Outlook