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 Closed 13¢ Lower By: 01/28/2015 @ 8:53am DES MOINES, Iowa (Agriculture.com)—As the CME Group’s wheat market searched for a low…

Wednesday's Farm Markets Seen Lower By: 01/28/2015 @ 8:02am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start…

Corn, Soybeans End Lower Tuesday By: 01/27/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)—On Tuesday, the CME Group’s corn, soybean and wheat markets…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Acres Versus Bushels in 2015 - 3 Things
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]