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 +

Low Markets For Years? By: 09/12/2014 @ 10:40am With estimates of record-large crops and the largest corn and soybean ending stocks in nearly a…

Soybeans End Higher, Corn Lower By: 09/12/2014 @ 8:49am DES MOINES, Iowa (Agriculture.com)-- With the governmental data showing big crops ahead, a bearish…

Farm Markets Seen Mixed Friday By: 09/12/2014 @ 7:18am On Friday, 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.
Case IH Magnum Rowtrac