6:00 a.m. CME Globex:
Corn 6 cents lower, soybeans 16 cents lower, and wheat 9 cents lower.
CME Globex Recap:
Grains wasted no time moving lower with contracts coming under pressure from the opening of the CME Globex session. It was no surprise that soybeans once again led the way, continuing the collapse that started last Monday. Some of the pressure was tied to the stronger U.S. dollar index as the euro sagged on weekend headlines regarding the economic problems faced by Cyprus.
The Dow Jones Industrial Average closed 25.03 points lower Friday at 14,514.11. The overnight session ...