Home / Markets / Markets Analysis / Corn market / Soybeans, Wheat Close Double-Digits Lower

Soybeans, Wheat Close Double-Digits Lower

07/29/2014 @ 3:12pm

On Tuesday, the CME Group soybean market took back some of the gains from yesterday.

At the close, the Dec. corn futures settled 5 3/4 cents lower at $3.71.

Nov. soybean futures finished 12 3/4 cents lower at $10.95.

Sep. wheat futures closed 14 3/4 cents lower at $5.20.

The Dec. soymeal futures contract closed $3.00 per short ton lower at $354.30. 

Dec. soyoil futures ended $0.25 lower at $36.53.

In the outside markets, the NYMEX Brent crude oil is $0.79 per barrel lower, the dollar is higher, and the Dow Jones Industrials are 70 points lower.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA Data Is Friendly, Soybeans Don't… By: 12/10/2014 @ 10:14am DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to…

Pre-USDA, Markets Drop Wednesday By: 12/10/2014 @ 8:53am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybeans Seen Extending Gains By: 12/10/2014 @ 5:52am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
The Future of Livestock Production
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]