DES MOINES, Iowa (Agriculture.com)--With little movement, the CME Group corn and soybeans ended higher Monday.
At the close, the March corn futures contract closed 2 1/4 cents higher at $4.31. The March soybean futures contract finished 3 cents higher at $12.87. March wheat futures finished 1 3/4 cents lower at $5.63 per bushel. The March soymeal futures contract closed $5.20per short ton higher at $430.90. The March soyoil futures closed $0.48 lower at $37.06.
In the outside markets, the Brent crude oil is $0.90 per barrel lower, the dollar is higher and the Dow Jones Industrials are 42 points higher.
Mike North, Senior Risk Advisor for First Capitol Ag, says the markets had a quiet trade.
"Not much today. South American weather causing crop improvement and necessary pressure on soybeans. Corn continues to find support as it trades within its range," North says.
