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Grain prices settle lower

Mike McGinnis 08/25/2010 @ 9:44am

CHICAGO, Illinois (Agriculture.com)--The CME Group wheat market led the floor lower Wednesday.

The Dec corn futures settled 1/2 of a cent lower at $4.20. The Nov. soybean contract closed even at $9.99. The Dec. wheat futures settled 27 1/2 cents lower at $6.80 1/2. The Dec. soymeal futures contract closed $2.30 per short ton higher at $292.00, and Dec. soyoil down 34 points at $39.72.

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