Corn, soybeans trade higher
DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn and soybean markets trade higher.
At the open, the March corn futures contract is trading 1 cent higher at $4.25. The March soybean futures contract is trading 2 cents higher at $12.73. March wheat futures are 3 cents higher at $6.09 per bushel. The March soymeal futures contract is trading $2.60 per short ton lower at $409.70. The March soyoil futures are trading $0.22 lower at $38.38.
In the outside markets, the NYMEX crude oil is $0.82 per barrel higher, the dollar is lower, and the Dow Jones Industrials are 51 points higher.