At the close:
At the close, the July corn futures finished 5 1/2¢ lower at $3.96 1/2. December futures finished 5¢ lower at $4.14 1/4. July soybean futures settled 18¢ lower at $10.03. November soybean futures ended 16 1/4¢ lower at $10.14. July wheat futures ended 7 3/4¢ lower at $4.98. July soy meal futures finished $7.50 per short ton lower at $378.60. July soy oil futures closed 0.18 higher at 31.31¢ per pound. In the outside markets, the NYMEX crude oil market is $0.65 lower, the U.S. dollar is lower, and the Dow Jones Industrials are 56 points higher.
Mike
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At mid-session:
At mid-session, the July corn futures are 4 3/4¢ lower at $3.97. December futures 4 1/4¢ lower at $4.15. July soybean futures are 17 3/4¢ lower at $10.03. November soybean futures are 17 1/4¢ lower at $10.13. July wheat futures are 8¢ lower at $4.98. July soy meal futures are $7.30 per short ton lower at $378.80. July soy oil futures are 0.02 lower at 31.11¢ per pound. In the outside markets, the NYMEX crude oil market is $0.36 lower, the U.S. dollar is lower, and the Dow Jones Industrials are 30 points higher.
Mike
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At 9:00am:
In early trading, the July corn futures are 4 3/4¢ lower at $3.97. December futures 4 1/4¢ lower at $4.15. July soybean futures are 13¢ lower at $10.08. November soybean futures are 12 1/4¢ lower at $10.18. July wheat futures are 5 1/2¢ lower at $5.01. July soy meal futures are $5.10 per short ton lower at $381.00. July soy oil futures are 0.03 higher at 31.16¢ per pound. In the outside markets, the NYMEX crude oil market is $0.22 lower, the U.S. dollar is lower, and the Dow Jones Industrials are 99 points higher.
Mike
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Wheat was lower overnight after the USDA said spring and durum crops would rise 34%, outweighing output declines in winter wheat and boosting production beyond expectations. Soybeans fell amid further concerns about China after the country said it would curb imports of the oilseeds for the first time in 15 years. The weekly export sales report was missing China from its rolls yesterday as sales of soybeans missed forecasts. Grain sales weren't stellar, either. In weather news, it's going to be stormy in parts of Minnesota and Iowa today, while in the southern Plains it'll be dry with the possibility of "dry lightning," the National Weather Service said. Get all the details in today's 3 Big Things.
West Texas Intermediate = down 0.1%.
Brent Crude = down 0.3%
Dollar = down 0.1%.
Wall Street = U.S. stock mixed pre-market.
World Markets = Global stocks mixed overnight.
