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Soybeans close 33¢ lower

09/16/2013 @ 8:55am

DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean and wheat markets closed lower Monday.

The Dec. corn futures contract closed 2 1/2 cents lower at $4.56. The Nov. soybean futures contract settled 33 cents lower at $13.48. Dec. wheat futures finished 1/4 of a cent lower at $6.41 per bushel. The Dec. soymeal futures settled  $14.30 per short ton lower at $428.50. The Dec. soyoil futures closed $0.19 lower at $42.37. 

In the outside markets, the NYMEX crude oil is $1.27 per barrel lower, the dollar is higher and the Dow Jones Industrials are 133 points higher.

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mark guildenzoph 09/16/2013 @ 12:09pm Why are the soybeans down again this is a joke right? Did you all miss the report that was 3% lower than expected. What basis are you using to justify this drop in prices? How many times do you all have to be told their is no record crop this harvest like you have been claiming for 5months every tour, report, and farmer has told you exactly what is out there and yet you continue to pull shit out of your asses to kill the prices. YOU ALL SHOULD BE ASHAMED

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Re: Re: 09/16/2013 @ 3:00pm Heck no they are not ashamed,they love messing with the farmers lively hood with no care in the world. These traders want the prices low and will do whatever it takes to make that happen,our entire crop could and you could tell them that and prove it to them and next day prices would be down cause of profit taking or the USDA says in 2015 we will have the best crop ever. There people are idiots.

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mark guildenzoph 09/16/2013 @ 12:09pm Why are the soybeans down again this is a joke right? Did you all miss the report that was 3% lower than expected. What basis are you using to justify this drop in prices? How many times do you all have to be told their is no record crop this harvest like you have been claiming for 5months every tour, report, and farmer has told you exactly what is out there and yet you continue to pull shit out of your asses to kill the prices. YOU ALL SHOULD BE ASHAMED

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09/16/2013 @ 10:53am Told ya you traders would come back after your weekend and knock prices down,how much damage do you gotta do until your satisfied?

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