Farm markets to start mixed Friday
DES MOINES, Iowa (Agriculture.com)--A mostly higher level of CME Group corn, soybean and wheat trading is expected, ahead of today's USDA Supply/Demand Reports.
In the overnight market, the March futures corn contract is 1 cent lower at $7.10. The March soybean futures contract is trading 3 cents higher at $14.90. March wheat futures are trading 3 cents higher at $7.59 per bushel. The March soyoil futures contract is trading $0.04 lower at $51.81. The March soymeal futures are trading $1.70 per short ton higher at $439.30.
In the outside markets, the NYMEX crude oil is $0.41 per barrel higher, the dollar is lower and the Dow Jones Industrials are called mixed Friday.