Opening Markets, Soybeans under pressure
AP-MN--Opening Minneapolis Grain/45
Here are the opening Minneapolis Grain Exchange futures
The Associated Press
Spring wheat:
March 6.18¾ up 100
May 6.17 up 200
July 6.24¼ up 1¾
September 6.32 up 200
December 6.45½ up 2¾
Winter wheat (March) 5.66 up 250
Corn (March) 4.24 unchanged
Soybean (March) 13.13 down 350
Soybeans are under a lot of pressure today. There was light rain in the really dry areas of South America over the weekend but the "kicker" was the forecast for more general rains on Thursday. In addition maybe cooler temperatures. It was in excess of 100 degrees over the weekend.