Grains mostly higher Tuesday

Chicago -- Grain futures closed higher Monday despite the dollar index snapping a downward streak with a gain of 0.77 percent.

Corn was up 2 1/4 to up 3 1/4, soybeans were off 1/2 to up 1 1/4, wheat was up 18 to up 19 and oats were up 6.

Corn futures rose modestly with the harvest more than 95 percent done in Illinois and Indiana. Wheat found support from the weekly U.S. Department of Agriculture progress report that pegged winter wheat conditions as poorer-than-expected. Soybean harvests are also nearing completion in Illinois, Iowa, Indiana and Ohio, the USDA said.

The prices:

Corn: Dec. 5.71, up 2 1/4; Mar 5.84, up 2 1/2; May 5.90, up 2 3/4; Jul 5.94, up 3 1/4.

Soybeans: Nov 12.19, up 1 1/4; Jan 12.31, up 1; Mar 12.37 3/4, up 1/2; May 12.38 3/4, off 1/2.

Wheat: Dec 6.92, up 18; Mar 7.31, up 18 3/4; May 7.50, up 19; Jul 7.59 3/4, up 18 1/2.

Oats: Dec 3.71; Mar 3.83; May 3.88; Jul 3.93 -- all up 6.

Copyright 2010 United Press International, Inc. (UPI).

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