Soybean & Wheat Prices Move Lower in Early Trading

Posted on December 14, 2011

Soybeans & wheat start the day slightly lower, mostly due to falling euro. The euro is trading nearing an 11 month low as borrowing costs for Italian bonds rose, according to this Bloomberg article. Nouriel Roubini tweeted earlier this morning that euro weakness was in part due to a dollar shortage. 

Contract Commodity Last Change
Jan 2012 Soybeans $11.2575 -0.0325
March 2012 Corn $5.9375 -0.0075
March 2012 Wheat $5.9900 -0.0150

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