Chicago Mercantile Exchange grain prices mostly fell on Wednesday June 5. The July CME soymeal futures contract showed the only increase, rising by $4.40 per short ton to $359.50 per ton.

The July soybean futures contract decreased by 1.75 cents per bushel, settling at $11.77 per bu, and July wheat dropped by 11.50 cents per bu to close at $6.46 per bu.

Meanwhile, July corn fell by 3.25 cents per bu to $4.39 per bu.

Wheat middlings prices rose in the Minneapolis, Kansas City, and Buffalo markets on Wednesday. Market sources reported strong demand and anticipated some run times this weekend. Both Minneapolis and Kansas City continue to show consistent trading within the same ranges.

Weekly ethanol update

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