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Soybeans reverse up

01/24/2014 @ 8:55am

DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market is attempting to trade higher, while corn and wheat prices remain lower. 

At mid-session, the March corn futures contract is trading 2 1/4 cents lower at $4.26. The March soybean futures contract is trading 1/4 of a cent higher at $12.77. March wheat futures are 6 3/4 cents lower at $5.63 per bushel. The March soymeal futures contract is trading $3.20 per short ton higher at $421.90. The March soyoil futures are trading $0.49 lower at $37.37.
In the outside markets, the Brent crude oil is $0.24 per barrel higher, the dollar is higher and the Dow Jones Industrials are 169 points lower.

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