6:00 a.m. CME Globex:
May Corn 1 cent lower, May Soybeans 24 cents lower, and May Chicago Wheat 2 cents higher.
CME Globex Recap:
Old-crop soybeans posted a sharp sell-off overnight of almost 30 cents, strengthening the argument that U.S. exports have abruptly come to a halt. Spillover pressure dragged both corn and wheat lower, while outside commodities were also lower.
The Dow Jones Industrial Average closed 67.43 points lower Tuesday at 16,351.25. Dow Jones Industrial Average futures were 4 points lower overnight, indicating continued selling interest could be seen early Wednesday. Asian markets were mostly lower with ...