Chicago Mercantile Exchange grain prices mostly fell on Friday June 14. The July CME soymeal futures contract showed the only increase, rising by $0.10 per short ton to $368.40 per ton.
The July soybean futures contract decreased by 9.75 cents per bushel, settling at $11.79 per bu, and July wheat dropped by 7.25 cents per bu to close at $6.12 per bu.
Meanwhile, July corn fell by 8.50 cents per bu to $4.50 per bu.
In the week to Friday, grain and feed prices remained relatively steady. The only products that showed price movements were corn gluten meal (CGM) and distillers’ dried grain (DDG).
CGM prices had a slight increase in the Midwest rail and barge market. Market participants have indicated that the corn gluten feed market remains quiet, with CGM showing a slight boost this week.
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Weekly wrap-up
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