Grain sales mixed in Chicago Friday

Published: Nov. 28, 2008 at 4:28 PM

CHICAGO, Nov. 28 (UPI) -- Grains closed mixed on the Chicago Board of Trade Friday as oil prices rose and the dollar gained strength against the euro and yen.

Corn was off 4 1/2 to off 5 1/4, soybeans were off 3 to off 5, wheat was up 6 1/2 to up 7 1/4 and oats were up 2.

Corn opened sharply lower with exports on the week falling short of U.S. Department of Agriculture expectations. Wheat prices rose as Egypt purchased 55,000 metric tons from U.S. sources Friday. Soybeans prices fell although exports on the week were strong, especially in soybean oil sales.

The prices:

Corn: Dec 3.49 1/2, off 4 1/2; Mar 3.65 3/4, off 5 1/4; May 3.77 1/4, off 5; Jul 3.88 1/2, off 5 1/4.

Soybeans: Jan 8.83, off 3; Mar 8.91, off 3; May 9.00, off 3 3/4; Jul 9.08, off 5.

Wheat: Dec 5.42 1/2, up 7; Mar 5.61 1/4, up 7 1/4; May 5.74 3/4, up 7; Jul 5.87 3/4, up 6 1/2.

Oats: Dec 2.01 1/2, up 2; Mar 2.17, up 2; May 2.26, up 2; Jul 2.36 1/2, up 2.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
China showing economic strength (9 min)
China Nov. trade surplus at $19B
Watercooler Stories
Jockstrip: The world as we know it.
Your Daily Horoscope
The almanac
Treasury reports on mortgage programs
fark
Okay mac, just gimme all your corduroy jackets with missing buttons, out-of-style belts, 10-year...
Guttenberg makes surprise trip to Afghanistan. My, he certainly is the movable type
Two kids sick after smoking incense, which they thought was smoking over-the-counter fake pot. Tea...
Shelbyville woman arrested for riding horse in Christmas parade while drunk. Duff cans have not...
Random drugs tests are to be introduced to the World Pie Eating Championships. About time, too
World's fattest hedgehog is successfully losing weight at St Tiggywinkles Wildlife Hospital through...