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Soybeans, corn close higher

Updated: 11/06/2012 @ 2:51pm

DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean and wheat markets used a broad commodities buying event to close higher Tuesday.

The Dec. futures corn contract closed 5 cents higher at $7.41. Jan. soybean futures contract finished 12 cents higher at $15.15. Dec. wheat futures settled 11 cents higher at $8.77 per bushel. The Dec. soyoil futures contract settled $0.36 higher at $48.68. The Dec. soymeal futures contract finished $3.70 per short ton higher at $472.70.

In the outside markets, the NYMEX crude oil is $3.21 per barrel higher, the dollar is lower and the Dow Jones Industrials are 141 points higher.


 


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