Soybeans, Wheat Close Higher

May 5th, 2014

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Category: Grains, Oilseeds

(Agriculture.com) – The July corn futures contract closed 7 1/2 cents lower at $4.99. The Dec. corn futures finished 5 cents lower at $4.94.

The July soybean futures contract closed 9 3/4 cents higher at $14.70.

The Nov. soybean futures finished 3 cents lower at $12.22. July wheat futures closed 8 3/4 cents higher at $7.16 per bushel.

The July soymeal futures contract closed $3.70 per short ton higher at $480.40.

The July soyoil futures finished $0.35 higher at $41.51.

In the outside markets, the Brent crude oil is $0.41 per barrel higher, the dollar is lower and the Dow Jones Industrials are 46 points lower.

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