Home / Markets / Markets Analysis / Corn market / Soybeans finish sharply higher

Soybeans finish sharply higher

Updated: 03/15/2012 @ 1:30pm

DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market rallied and led all other commodities higher Thursday. 

The soybeans pushed higher off of the bullishness of lower global production, a lower U.S. Dollar and expected less U.S. soybean acreage.

The July soybean futures settled 10 1/4 cents higher at $6.69. The July soybean contract closed 18 cents higher at $13.69. The July wheat futures finished 21 cents higher at $6.64.  The July soymeal futures settled $4.20 per short ton higher at $371.40. The July soyoil futures closed $0.68 higher at $55.48.
In the outside markets, the NYMEX crude oil is $0.52 per barrel lower, the dollar is lower and the Dow Jones Industrials are up 35 points.

CancelPost Comment

Soybeans Close Slightly Higher Monday By: 10/12/2015 @ 9:24am DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market gave back most…

Soybeans Close 4¢ Higher By: 10/09/2015 @ 9:01am DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market closed…

Must-Have Newsletter Launches for Grain… By: 10/08/2015 @ 2:37pm As everyone else tries to predict the next dip, turn, or bubble in the farm markets, Successful…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Innovative Features in the New Can-Am Defender