CHICAGO, Nov. 11 (UPI) -- Grain futures prices were mixed Friday on the Chicago Board of Trade, despite a falling dollar, as equities, energy and currency markets surged.
Corn was off 7 to off 7 1/4, soybeans were up 8 to up 9, wheat was up 3/4 to off 3 1/4 and oats were unchanged to off 1/4.
Nearby corn was off 16 cents for the week, despite a sharp break in the U.S. dollar, pressured by higher prices in the energy and metal markets. Fund selling pushed corn prices to their lowest level since the first of the month, with traders nervous over what next week's USDA yield and demand report will show. News of British sales of wheat to U.S. feed manufacturers also pressured corn. Soybeans found support in equity, energy and metal markets and the skidding dollar. Wheat was off 20 cents on the week, largely the result of pressure from surging equity and metal markets.
The prices:
Corn: Dec 6.38 1/2 off 7, Mar 6.47 3/4 off 7, May 6.54 1/2 off 7 1/4, Jly 6.56 1/4 off 7 1/4.
Soybeans: Nov 11.66 up 8, Jan 11.75 1/2 up 8, Mar 11.85 3/4 up 8 1/2, May 11.96 up 9.
Wheat: Dec 6.16 3/4 off 3 1/4, Mar 6.46 off 1, May 6.66 3/4 unc, Jly 6.81 up 3/4.
Oats: Dec 3.21 1/2 off 1/4, Mar 3.27 1/2 unc, May 3.33 3/4 unc, Jly 3.39 1/2 unc.
