The $1.50 per Bushel Soybean Surge Rolls on Wednesday
By Mike McGinnis
Successful Farming
On Wednesday, the CME Group’s farm markets get behind the rush higher of the soybean complex.
At the close, the Dec. corn futures closed 5¾¢ higher at $3.71¼. March corn futures finished 5½¢ higher at $3.81.
Nov. soybean futures ended 19¾¢ higher at $10.11¼. January soybean futures ended 19¾¢ higher at $10.15¼.
Dec. wheat futures closed 3¾¢ higher at $5.42¾.
Dec. soymeal futures settled $6.50 per short ton higher at $325.70. Dec. soy oil futures closed $0.76¢ higher at 34.91¢ per pound.