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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.

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