About UPI  |  UPI en Español   |   My Account
Free News Update:
United Press International - News. Analysis. Insight.™ - 100 Years of Journalistic Excellence
  • Home
  • Top News
  • Entertainment
  • Odd News
  • Sports
    • Baseball
    • Football
    • Golf
    • Olympics 2008
    • Tennis
  • Business
  • Science
  • Health
  • Analysis
    • Energy Resources
    • Security Industry
    • Emerging Threats
  • Media
    • Video
    • News Photos
  • Features
    • The Voice of Young Voters
    • Path to the Presidency
    • Energy
    • Beijing Olympics 2008
Search:
Go
You are here:  Home / Business News / Grain prices turn upward Thursday

Business News

View archive | RSS Feed

Grain prices turn upward Thursday

Published: Aug. 7, 2008 at 6:44 PM
Order reprints  |  Print Story  |  Email to a Friend  |  Post a Comment
(UPI Photo Files/Ian Wagreich)
(UPI Photo Files/Ian Wagreich)

CHICAGO, Aug. 7 (UPI) -- Grain prices swung up on the Chicago Board of Trade Thursday as the dollar strengthened against the euro and oil prices rose in New York.

Corn was up 14 1/4 to up 14 1/2, soybeans were up 17 to up 22 1/2, wheat was up 55 1/4 to up 56 1/2 and oats were up 3 to up 3 1/4.

The Environmental Protection Agency turned down Texas' request for a waiver on ethanol mandates.

Wheat traded up as the European Union issued licenses for 357,000 metric tons of wheat exports. Soybeans rose as Brazil increased its yield estimate from 58.5 million metric tons to 60 million.

The prices:

Corn: Sep 5.22 1/4, up 14 1/4; Dec 5.42, up 14 1/4; Mar 5.61 3/4, up 14 1/2; May 5.74, up 14 1/4.

Soybeans: Aug 12.43, up 22 1/2; Sep 12.34 1/2, up 21; Nov 12.39, up 17, Jan 12.56 3/4, up 17.

Wheat: Sep 8.22 1/4, up 56 1/2 1/4; Dec 8.47, up 56 1/4; Mar 8.70, up 55 1/4; May 8.84 1/4, up 55 1/4.

Oats: Sep 3.60, up 3; Dec 3.79 1/4, up 3 1/4; Mar 3.98 1/2, up 3 1/4; May 4.11 1/2, up 3 1/4.

RATE THIS ARTICLE
    Poor    1    2    3    4    5  Excellent    
Feedback


© 2008 United Press International, Inc. All Rights Reserved.
Have an opinion? Leave a comment. No Registration Required.
News Photos Slideshows
Photos of the Day
Week in Photos
News
Entertainment
Sports
Features
Archives
Olympics 2008
Path to the Presidency
Additional News Stories
Top News
  • Norbert weakens over Mexico; Odile coming
  • Napa Valley wildfire close to containment
  • Israel religious rioting enters fifth day
  • Chemical leak spurs Pa. evacuation
  • GOP: McCain needs consistent message
Business News
  • 'Eurozone' summit aims for united response
  • Source: VW targeting unprofitable sites
  • Holidays critical to e-commerce sector
  • Branson: Guarantee bank deposits
  • Cerberus considering GMAC buyout
Entertainment News
  • Police: Model survives robbery shooting
  • Iranian actress's attire draws Muslim ire
  • Barker issues online thank-you to fans
  • Reggae singer Ellis dead at age 70
  • Brolin was intimidated by 'W' role
Health News
  • Plastic surgery makes advances in wartime
  • Lack of vitamin D can affect 36 organs
  • Abnormalities in brain of cocaine addicts
  • Negative ads can cause a physical reaction
  • Wildfires can boost ozone pollution
UPI Features - The Voice of Young Voters
Most Popular
Stories
Photos
Videos
People
1.
Apple may launch new laptop
2.
Crude oil prices drop under $85 per barrel
3.
Report: National City Bank for sale
4.
Crude oil prices in retreat Friday
5.
Crude oil prices fall nearly $5 per barrel
Related Business News
Related Business News
  • FTSE share prices fall How it will affect house prices
  • Trade gap narrows in August on lower oil prices
  • U.S. trade gap narrows in August on lower oil prices




Videos
Enlarge Video
Reaction: Does peace have a prize?
Reaction: Does peace have a prize?
Friday, October 10
From Wall Street to a Maryland Main Street
From Wall Street to a Maryland Main Street
Friday, October 10
Debate #2: The economy
Debate #2: The economy
Friday, October 10
Economics vs. foreign policy in the media
Economics vs. foreign policy in the media
Thursday, October 9
© 2008 United Press International, Inc. All Rights Reserved. Official Government Wires  |   About UPI  |   Site Map  |   Terms of Use  |   Privacy Policy  |   Advertise Online  |   Contact Us

Sponsored Links: College Football Tickets - Fundraisers - Press Release Services - prom dresses - Prom dresses and gowns - Public Records - Wedding and Honeymoon Experts - Auto Dealers - Motivational Sports Speakers Bureau