Money Matters, Simplified.
Grains close mixed Friday
Sat, 10/23/2010 - 09:19 by Prince damin
Corn was off 3 to off 4 1/4, soybeans were off 1 1/2 to off 2 3/4, wheat was up 1 14 to up 2 3/4 and oats were up 1 1/2.
profit taking sales and South Korea in the market buying 120,000 metric tons. Wheat futures made some gains with rain covering winter wheat acreage in west Texas, Oklahoma and southwest Kansas. Soybeans closed lower with the U.S. Department of Agriculture announcing a sale of 165,000 metric tons without naming the buyer.
The prices:
Corn: Dec. 5.60, off 4 1/4; Mar 5.72 1/4, off 3 1/2; May 5.78 1/4, off 3 1/4; Jul 5.81, off 3.
Soybeans: Nov 11.99 1/2, off 2; Jan 12.11 1/2, off 1 1/2; Mar 12.18 3/4, off 2 1/4; May 12.21 3/4, off 2 3/4.
Wheat: Dec 6.70 3/4, up 2; Mar 7.08 1/4, up 2 1/2; May 7.22 1/4, up 2 3/4; Jul 7.36, up 1 1/4.
Oats: Dec 3.57; Mar 3.68 1/2; May 3.73 1/2; Jul 3.79 1/2 -- all up 1 1/2.
Copyright 2010 United Press International, Inc. (UPI).