Grain futures mixed Monday

Chicago -- Grain futures closed mixed on the Chicago Board of Trade Monday with the dollar index falling 0.25 percent to 75.72.

Corn was off 4 1/4 to off 5, soybeans were up 10 to up 11 1/4, wheat was off 9 1/2 to off 10 1/4 and oats were off 1/4 to off 1 3/4.

Corn futures closed lower, pulled down, in part, by falling crude oil prices.

Wheat prices fell as India said it would partially lift a ban on wheat exports. Soybean prices moved higher with a winter storm expected in the western soybean belt that could prevent some farmers from selling.

The prices:

Corn: Dec 3.68 3/4, off 5; Mar 3.83 3/4, off 4 3/4; May 3.94 3/4, off 4 1/4; Jul 4.04 1/4, off 4 1/2.

Soybeans: Jan 10.53, up 10; Mar 10.61, up 10 1/2; May 10.69, up 11 1/4; Jul 10.75 3/4, up 11.

Wheat: Dec 5.26 1/2, off 10 1/4; Mar 5.48, off 10; May 5.61, off 9 3/4; Jul 5.71 1/2, off 9 1/2.

Oats: Dec 2.62 1/2, off 1; Mar 2.55 1/2, off 1 1/2; May 2.63 3/4, off 1 3/4; Jul 2.72 1/2, off 1/4.

Copyright 2009 by United Press International.

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