Des Moines, Iowa — At the close of Friday’s trading grain futures ended lower.
March corn futures closed 1½¢ lower at $3.77. May corn settled 2¢ lower at $3.80¾.
March soybean futures ended 2¼¢ lower at $8.90½. May soybean futures were 2¢ lower at $8.99.
March wheat futures closed 9¢ lower at $5.51.
March soymeal futures closed $3.70 per short ton lower at $289.20 per short ton. March soy oil futures settled 0.52¢ higher at 30.64¢ per pound.
Matt Tranel, an advisor with the Commodity Risk Management Group,…