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 +

Wheat Prices Gain Strength Friday By: 03/27/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)—On Friday, the CME Group wheat market closed higher on a lack…

Corn, Soybean Markets Seen Lower Friday By: 03/27/2015 @ 7:39am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Corn, Soybeans Ended Lower Thursday By: 03/26/2015 @ 9:05am DES MOINES, Iowa (Agriculture.com)—On Thursday, the CME Group corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Seeds
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]