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Grain futures mixed Thursday

Chicago -- Grain futures closed mixed on the Chicago Board of Trade Thursday as equities failed to make headway on Wall Street.

Corn was up 5 3/4 to up 6 1/2, soybeans were off 1/2 to off 1 1/2, wheat was up 13 to up 16 and oats were up 3 to up 3 1/2.

Corn futures rose with weather patterns in the Midwest staying clear of a hard frost. Wheat prices rose with Morocco tendering for 600,000 metric tons of U.S. wheat. Soybeans prices dropped slightly with the U.S. Department of Agriculture announcing the sale of 20,000 metric tons to an unnamed buyer.

The prices:

Corn: Dec 3.36 1/2, up 6 1/4; Mar 3.49 3/4, up 6 1/2; May 4.06, up 5 3/4; Jul 4.11 1/2, up 5 3/4.

Soybeans: Nov 9.19 1/2, off 1; Jan 9.24 1/2, off 1/2; Mar 9.26 1/2, off 1/2; May 9.26 1/2, off 1 1/2.

Wheat: Dec 4.73, up 13; Mar 4.92 3/4, up 13 1/4; May 5.06 3/4, up 14 3/4; Jul 5.19 1/4, up 16.

Oats: Dec 2.19, up 3; Mar 2.32 1/2, up 3 1/2; May 2.32 1/2, up 3 1/2; Jul 2.51, up 3 1/2.

Copyright 2009 by United Press International.

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