Grains close higher, soybeans lower
DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market experienced profit-taking, while corn and wheat settled slightly higher Wednesday.
The July corn futures closed 1 1/4 cents higher at $6.27. The July soybean contract settled 3 cents lower at $14.24 3/4. The July wheat futures ended 1 1/2 cents higher at $6.33 1/2. The July soymeal futures ended $2.60 per short ton lower at $388.90. The July soyoil futures closed $0.51 lower at $56.84.
In the outside markets, the NYMEX crude oil is $1.68 per barrel higher, the dollar is lower and the Dow Jones Industrials are up 90 points.