Grains Remain Higher Thursday
DES MOINES, Iowa (Agriculture.com)--The CME Group corn and wheat markets are trading higher Thursday.
At midsession, the May corn futures contract is trading 8 cents higher at $4.92. The Dec. corn futures are trading 4 3/4 cents higher at $4.88. The May soybean futures contract is 1/2 of a cent lower at $14.39. May wheat futures are 10 cents higher at $7.06 per bushel. The May soymeal futures contract is trading $1.50 per short ton higher at $470.60. The May soyoil futures are trading $0.11 lower at $40.62.
In the outside markets, the Brent crude oil is $0.77 per barrel higher, the dollar is higher, and the Dow Jones Industrials are 42 points lower.