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Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

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Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:388:\"mktime(): It is not safe to rely on the system\'s timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone \'UTC\' for now, but please set date.timezone to select your timezone.\";s:5:\"%file\";s:93:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords_extra/nodewords_extra.module\";s:5:\"%line\";i:401;}', 3, '', 'http in /home/themoney/public_html/includes/database.mysql.inc on line 135

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Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:386:\"date(): It is not safe to rely on the system\'s timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone \'UTC\' for now, but please set date.timezone to select your timezone.\";s:5:\"%file\";s:93:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords_extra/nodewords_extra.module\";s:5:\"%line\";i:406;}', 3, '', 'http:/ in /home/themoney/public_html/includes/database.mysql.inc on line 135
Latest corn news and updates

Money Matters - Simplified

corn

Grain futures mixed Thursday

Chicago -- Wheat and oat futures trended higher Thursday on the Chicago Board of Trade with the dollar index flat, climbing just 0.05 percent.

Corn was off 1/4 to up 3/4, soybeans were off 14 1/2 to off 15 3/4, wheat was up 4 1/2 to up 7 3/4 and oats were up 4 to up 16.

Corn prices were little changed with sellers taking advantage of Wednesday's rally and the U.S. Department of Agriculture announcing Mexico's purchase of 240,000 metric tons. Wheat futures found support with Iraq purchasing 250,000 metric tons from U.S. sources. Soybean prices fell as China is expected to try to delay deliveries of some of its recent purchases.

The prices:

Grains close higher Wednesday

Chicago -- Grain futures closed higher on the Chicago Board of Trade Wednesday with the dollar index up 0.16 percent.

Corn was up 23 1/4 to up 13 1/4, soybeans were up 10 1/2 to up 11 1/4, wheat was off 1 to up 3 and oats were off 5 to up 14.

Corn prices rose sharply with the weekly ethanol report showing a 6.1 percent rise in production from the previous week -- up 19.2 percent from a year ago. Wheat futures found support from Australia, where weather conditions in the southeast are expected to drop up to 60 percent of the crop in the region to feed status. Soybeans found support as sellers focus on end-of-year targets and weather conditions in Brazil and Argentina, where beneficial rain is expected.

Weak dollar gives grain futures a boost

Cchicago -- Grain futures closed sharply higher on the Chicago Board of Trade Friday with the dollar index down, making prices that much more attractive to foreign buyers.

Corn was up 16 to up 18 1/4, soybeans were up 19 to up 20 1/2, wheat was up 11 3/4 to up 31 1/2 and oats were up 5 1/4 to up 6.

Corn prices climbed with support from the dollar and from dry weather in Argentina. Wheat futures found support in reports a large percentage of Australia's crop could be downgraded to livestock feed status. Talk of China remaining active as a buyer helped soybean prices, which set the pace on increases Friday.

The prices:

Corn: Dec 5.59, up 18 1/4; Mar 5.73 1/2, up 18; May 5.80 1/2, up 17; Jly 5.84 1/2, up 16.

Grain futures surge in Chicago Wednesday

Chicago -- Grain futures surged higher on the Chicago Board of Trade Wednesday, as the dollar index fell 0.64 percent.

Corn was up 21 3/4 to up 22 3/4, soybeans were up 40 to up 40 1/4, wheat was up 46 to up 49 1/2 and oats were up 12 1/4 to up 27 1/4.
Corn prices jumped with funds positioned to buy and the Energy Information Administration reporting ethanol production for the week ending Nov. 26 averaged 885,000 barrels per day, up 99,000 barrels from the same week last year. Wheat founds support from Egypt purchasing 220,000 metric tons Wednesday. Soybean prices rose sharply along with a strong gains in equities on Wall Street.

The prices:

Grains mixed Monday in Chicago

Cchicago -- Grain futures prices were mixed Monday in Chicago with corn and wheat up slightly, as the dollar index was flat, falling 0.06 percent.

Corn was off unchanged to up 1, soybeans were off 3 1/4 to off 3 1/2, wheat was up 2 to up 3 3/4 and oats were off 5 1/2 to off 6 1/2.

Corn found support on the Chicago Board of Trade from a lack of rain in Argentina and reports of a potential corn shortage in China. Wheat futures rose modestly with dry weather in Australia and the United States lending support. In the soybean market, beneficial rain in Brazil in the state of Mato Grosso as the planting season winds took away some price support Monday.

The prices:

Corn futures off, soybeans higher Monday

Chicago -- Grain futures closed mixed Monday on the Chicago Board of Trade with the dollar index rising slightly, up 0.17 percent.

Corn was off 4 3/4 to off 5 1/2, soybeans were up 18 3/4 to up 20, wheat was unchanged to up 1 and oats were off 1 1/4 to off 2 1/4.

Corn futures fell with the week's export inspections at 24.4 million bushels, down sharply from the previous week. Wheat futures found support from a sale of 120,000 metric tons to Egypt announced Monday.
Soybean prices jumped with year-to-date export inspections at 31.8 percent of the U.S. Department of Agriculture's projection compared to a five-year average of 28.9 percent.

The prices:

Grains futures mixed Thursday

Chicago -- Grain futures closed mixed on the Chicago Board of Trade Wednesday as the dollar index fell 0.22 percent.

Corn was off 3/4 to up 3/4, soybeans were off 12 1/2 to off 15, wheat was up 6 1/4 to up 8 1/2 and oats up 4 3/4.

Corn futures found some support from the weaker dollar in advance of the weekly Export Sales report due Thursday. Dry weather predicted for the central states gave support to wheat futures with a week's dry weather expected that could strain winter wheat. China indicated it would make moves to curb inflation, putting a damper on soybean futures.

The prices:

Corn: Dec. 5.25 3/4, off 3/4; Mar 5.39 1/4, off 3/4; May 5.46 1/4, up 1/4; Jul 5.50, up 3/4.

Grain futures sharply lower Tuesday

Chicago -- Grain futures closed sharply lower Tuesday with heavy selling by funds and the dollar index up 0.88 percent.

Corn was off 29 to off 30, soybeans were off 66 1/4 to off 66 3/4, wheat was off 46 1/2 to off 48 1/4 and oats off 4.

Corn futures plunged on the Chicago Board of Trade, pressured by the rising dollar prompted by government debt concerns in Ireland. Moves in China to slow inflation also weighed on wheat, which dropped in early trading, December wheat closing down 46 1/2. The U.S. Department of Agriculture announced sales of 105,000 metric tons of soybeans to an unnamed buyer and 20,000 metric tons of soy oil, also to an unnamed buyer.

The prices:

Grains close higher in Chicago

Chicago -- Grain futures closed higher as sales news trumped movement in the dollar, which strengthened Monday.

Corn was up 20 1/4 to up 21 1/2, soybeans were up 12 3/4 to up 17 1/2, wheat was up 2 1/2 to up 3 3/4 and oats were up 7.

Corn futures surged on the Chicago Board of Trade with two sales announced Monday, one to South Korea for 281,000 metric tons and one to Egypt for 120,000 metric tons. Iraq purchased 100,000 metric tons of wheat, the U.S. Department of Agriculture said. In the soybean market, the USDA announced sales of 20,000 metric tons to an unnamed buyer, as moderate buying by funds supported prices.
The prices:

Grain futures mixed Thursday

Chicago -- Soybean futures rose higher, while wheat, corn and oats fell on the Chicago Board of Trade Thursday.

Corn was off 2 3/4 to off 4 1/4, soybeans were up 18 1/4 to up 20 3/4, wheat was off 6 to off 8 and oats were off 2 1/4 to off 2 1/2.

Corn futures dropped on pressure from the dollar index, which rose 0.64 percent. Wheat prices fell after the European Union cleared 501,000 metric tons for export. Soybean prices soared in advance of export figures scheduled for release Friday that are expected to be supportive.

The prices:

Corn: Dec. 5.64, off 2 3/4; Mar 5.78, off 3; May 5.85 1/4, off 3 1/2; Jul 5.88 3/4, off 4 1/4.


Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

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