Grains, soybeans trade higher
DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group farm markets have turned slightly higher Monday.
At mid-day, the March futures corn contract is trading 3 cents higher at $7.24. The March soybean futures contract is trading 2 cents higher at $14.43. March wheat futures are trading 1/4 of a cent higher at $7.76 per bushel. The March soyoil futures contract is trading $0.24 lower at $51.86. The March soymeal futures are trading $2.30 per short ton higher at $418.70.
In the outside markets, the NYMEX crude oil is $0.39 per barrel higher, the dollar is higher and the Dow Jones Industrials are 11 points lower.