Monday's grain markets dip
DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn and soybean markets start mostly weaker.
At the open, the Dec. corn futures contract is trading 1/4 cent lower at $4.33. The Nov. soybean futures contract is trading 6 cents higher at $12.73. Dec. wheat futures are 4 cents lower at $6.88 per bushel. The Dec. soymeal futures is trading $2.70 per short ton higher at $406.10. The Dec. soyoil futures are trading $0.10 higher at $40.38.
In the outside markets, the NYMEX crude oil is $0.88 per barrel lower, the dollar is lower, and the Dow Jones Industrials are 82 points lower.