Home / Markets / Markets Analysis / Soybeans market / Soybeans end 26¢ lower, wheat 24¢ higher

Soybeans end 26¢ lower, wheat 24¢ higher

03/12/2014 @ 8:46am

DES MOINES, Iowa (Agriculture.com)--As they started the day, the CME Group wheat market finished sharply higher, while the soybean market closed sharply lower Wednesday.


The May corn futures contract closed 5 1/4 cents higher at $4.88 1/2. The May soybean futures contract finished 26 cents lower at $13.87. May wheat futures finished 24 3/4 cents higher at $6.83 per bushel. The May soymeal futures contract closed $7.70 per short ton lower at $436.50. The May soyoil futures are trading $0.33 lower at $43.42.


In the outside markets, the NYMEX crude oil is $1.95 per barrel lower, the dollar is lower, and the Dow Jones Industrials are 34 points lower.

CancelPost Comment

03/12/2014 @ 1:37pm Hey idiots did you see that brazil's soybean output has been lowered or are you just gonna ignore that?

Report Abuse Reply
MORE FROM MIKE MCGINNIS more +

End of an Era for Corn, Soybean Futures:… By: 07/02/2015 @ 9:41am This Monday, the history of corn and soybean markets will change. After being traded on the floor…

Grains, Soybeans Mixed to Close Thursday By: 07/02/2015 @ 8:56am Grains and soybeans were mixed to close the day Thursday. At the open, the September corn…

Corn, Soybean Markets to Edge Higher By: 07/02/2015 @ 6:54am On Thursday, 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.
Cover Crops-Happy Landlords
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]