Friday 17 August 2012

Farm markets trade higher Friday


Mike McGinnis
DES MOINES, Iowa (Agriculture.com)--The CME Group's corn, soybean and wheat markets start higher Friday.  
At the open, the Dec. futures corn contract is trading 4 1/4  cents higher at $8.12. The Nov. soybean contract is trading 8 cents higher at $16.33. Dec. wheat futures are trading 13 cents higher at $8.75 per bushel. The Oct. soyoil futures contract opened $0.08 higher at $53.32. The Oct. soymeal futures contract opened $4.30 per short ton higher at $504.80.
In the outside markets, the NYMEX crude oil is $0.19 per barrel lower, the dollar is higher and the Dow Jones Industrials are 9 points higher.
Original Article Here

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