Skip navigation.
Mon Jul 20 06:30:14 2009 [Write for us] | [Login/Register]
Home
 

Grains futures close mostly lower

Chicago -- Grain futures closed mostly lower on the Chicago Board of Trade Wednesday in spite of a strong rally in U.S. stock markets.

Corn was off 7 3/4 to off 9, soybeans were off 13 to off 14, wheat was up 4 1/4 to up 5 and oats were off 3/4 to off 1.

Corn futures were lower as a cool weather pattern in July indicated a high yield could be expected. Wheat prices rose with support from a weaker dollar.

Favorable weather for soybeans in the Midwest put downward pressure on
soybean prices, traders said.
The prices:

Corn: Sep 3.29 1/2, off 9; Dec 3.37 1/2, off 8; Mar 3.51, off 7 3/4; May 3.60 1/2, off 7 3/4.

Soybeans:Aug 10.20 1/2, off 14; Sep 9.50 1/2, off 13; Nov 9.04 1/2, off 13 1/2; Jan 9.12 1/4, off 13 3/4.

Wheat: Sep 5.34 3/4, up 4 3/4; Dec 5.61 1/2, up 5; Mar 5.79 1/2, up 4 3/4; May 5.79 1/2, up 4 1/4.

Oats:Sep 2.17 1/2, off 3/4; Dec 2.29, off 1; Mar 2.40 1/2, off 1; May 2.48 1/2, off 1.

Copyright 2009 by United Press International.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

User login

LiveZilla Live Help