Soybeans Fall 30¢ Thursday
DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market is leading the way downward Thursday.
At midsession, the July corn futures contract is trading 8 cents lower at $5.10. The Dec. corn futures are trading 7 3/4 cents lower at $5.01. The July soybean futures contract is 30 3/4 cents lower at $14.82. The Nov. soybean futures are trading 13 cents lower at $12.33. July wheat futures are 14 cents lower at $7.07 per bushel. The July soymeal futures contract is trading $10.60 per short ton lower at $483.10. The July soyoil futures are trading $0.49 lower at $41.62.
In the outside markets, the Brent crude oil is $0.31 per barrel lower, the dollar is lower, and the Dow Jones Industrials are 64 points higher.