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Crop futures mixed Monday

CHICAGO, May 24 (UPI) -- Prices closed mixed on the Chicago Board of Trade Monday as equity markets lost ground on Wall Street and the dollar index surged 1.36 percent.

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

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Corn prices despite a weekly U.S. Department of Agriculture crop report that showed planting and corn emergence ahead of five-year averages. Wheat futures fell with pressure from a surging U.S. dollar and a USDA report that showed 93 percent of the winter wheat crop in fair to excellent condition. Soybean prices were mixed with the USDA report pegging planting and crop emergence in line with long-term averages.

The prices:

Corn: Jly 3.71, up 2; Sep 3.80, up 3 1/4; Dec 3.89, up 3 3/4; Mar 4.01, up 3 3/4.

Soybeans: Jly 9.40 1/2, off 1/2; Aug 9.35, up 1 3/4; Sep 9.22 3/4, up 7 1/2; Nov 9.15 1/2, up 8.

Wheat: Jly 4.67 1/2, off 4 1/2; Sep 4.85, off 4 1/4; Dec 5.16 1/2, off 3 1/2; Mar 5.46 1/2, up 2 1/2.

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Oats: Jly 1.99; Sep 2.06 3/4; Dec 2.17 3/4; Mar 2.29 1/4 -- all up 3.

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