(Agriculture.com) – As they traded most of the day, the CME Group soybean and corn markets closed strongly Thursday.
The March futures corn contract finished 10 cents higher at $7.19. The March soybean futures contract closed 16 cents higher at $14.74. March wheat futures closed 3 cents higher at $7.07 per bushel. The March soyoil futures contract settled $0.45 lower at $48.82. The March soymeal futures are trading $8.10 per short ton higher at $437.40.
In the outside markets, the NYMEX crude oil is $1.04 per barrel lower, the dollar is higher and the Dow Jones Industrials are 27 points higher.