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Soybeans fall double-digits

03/14/2014 @ 8:38am

DES MOINES, Iowa (Agriculture.com)--The CME Group corn and soybean markets have fallen on negative trading Friday.

At mid-session, the May corn futures contract is trading 1/2 of a cent higher at $4.85. The Dec. corn futures open 1 cent higher at $4.85. The May soybean futures contract is 1 cent lower at $13.94. November soybean futures are 6 cents lower at $11.73. May wheat futures are 7 cents higher at $6.80 per bushel. The May soymeal futures contract is trading $0.70 per short ton higher at $442.60. The May soyoil futures are trading $0.01 higher at $43.00.

In the outside markets, the ICE Brent crude oil is $0.41 per barrel higher, the dollar is lower and the Dow Jones Industrials are 32 points higher.

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