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Market Overview

Soybeans Lower, Wheat & Corn Little Changed

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Soybean futures moved lower after the USDA report was released on Tuesday. July Soybeans settled at 955 1/2, down 18 1/2 cents. November Soybeans settled at 930 3/4, down 18 3/4 cents. July Soymeal settled at 303.4, down 6.8 and July Soybean Oil settled at 32.97 down 0.22.

Corn Futures ended the session little changed as spillover selling from soybeans and soymeal weighed on Corn. July Corn settled at 361, up 1/2 cent. December corn settled at 376, up 1/2 cent.

Wheat futures traded choppy and a little firm before ending the session little changed and near the lows of the session. July Chicago Wheat settled at 480 1/2, down 1/2 cent. July Kansas City Wheat settled at 507 3/4, down 1 cent.

 

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Posted-In: corn soybeans WheatFutures Commodities Markets

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