Soybeans, Wheat Close Double-Digits Lower
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.