Home / Markets / Markets Analysis / Corn market / Soybeans end slightly higher

Soybeans end slightly higher

12/12/2012 @ 9:39am

DES MOINES, Iowa (Agriculture.com)--Much in the way they traded all day, the CME Group corn, soybean, and wheat markets settled mixed Wednesday.

 

Soybeans are higher, due to bullish anticipation of tomorrow's Weekly Export Sales Report, market watchers say. Otherwise, a lack of fresh news kept corn and wheat lower.

The March futures corn contract settled 2 cents lower at $7.25. March soybean futures contract closed 1 cent higher at $14.73. March wheat futures ended 9 cents lower at $8.12 per bushel. The January soyoil futures contract is trading 66 cents lower at $49.54. The January soymeal futures contract finished $3.90 per short ton higher at $452.00.

In the outside markets, the NYMEX crude oil is $1.12 per barrel higher, the dollar is lower, and the Dow Jones Industrials are 28 points lower.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybeans Seen Extending Gains By: 12/10/2014 @ 5:52am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The Future of Livestock Production
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]