Soybeans open 8¢ lower, corn falls, too
DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn, soybean, and wheat markets open lower.
At the open, the May corn futures contract is trading 4 cents lower at $4.85. The May soybean futures contract is 8 cents lower at $14.49. May wheat futures are 1 cent lower at $6.52 per bushel. The May soymeal futures contract is trading $5.20 per short ton lower at $452.60. The May soyoil futures are trading $0.03 higher at $44.35.
In the outside markets, the ICE Brent crude oil is $0.79 per barrel lower, the dollar is lower, and the Dow Jones Industrials are 44 points lower.