Home / Markets / Markets Analysis / Corn market / Soybeans finish lower

Soybeans finish lower

04/03/2012 @ 9:57am

DES MOINES, Iowa (Agriculture.com)--After hitting a 7-month high, the CME Group soybean market suffered from profit-taking ending lower Tuesday.

The July corn futures settled 2 cents higher at $6.53. While the May soybean contract reached a 7-month high on falling Argentine crop estimates, the July soybean contract closed 6 cents lower at $14.21 1/4. The July wheat futures ended 1/2 of a cent lower at $6.69. The July soymeal futures closed $5.00 per short ton lower at $387.90. The July soyoil futures ended $0.28 lower at $56.29. 
In the outside markets, the NYMEX crude oil is $1.13 per barrel lower, the dollar is higher and the Dow Jones Industrials are down 90 points.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Corn, Soybeans, Wheat End Lower By: 01/30/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—Fund-selling, end of month profit-taking are being blamed for…

Soybean, Corn Markets Close Lower By: 01/29/2015 @ 8:40am DES MOINES, Iowa (Agriculture.com)--The CME Group's soybean and corn markets closed lower…

Grain Markets Seen Extending Losses Thursday By: 01/29/2015 @ 7:27am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Senator Grassley and his Mower
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]