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Corn, soybeans, oats higher on CBOT

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Published: Feb. 3, 2012 at 4:27 PM
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CHICAGO, Feb. 3 (UPI) -- Corn, soybeans and oats finished lower but wheat bucked the trend Friday on the Chicago Board of Trade.

Corn was up 1 1/4 to up 3 1/4, soybeans were up 15 1/4 to 15 1/2, wheat was off 2 to off 4, oats were up 1 to up 6 1/4.

Corn rallied shortly before the close to post slight gains for the week on damage to the South American crop because of lack of rain. Soybeans finished near the week's highs despite forecasts for rain in Argentina and southern Brazil. Wheat fell on news Russia does not plan to limit exports.

The prices:

Corn: Mar 6.44 1/2 up 1 1/2, May 6.50 3/4 up 1 1/4, Jly 6.55 1/2 up 2, Sep 6.04 3/4 up 3 1/4.

Soybeans: Mar 12.32 1/2 up 15 1/2, May 12.40 3/4 up 15 1/4, Jly 12.50 1/4 up 15 1/4, Aug 12.48 up 15 1/4.

Wheat: Mar 6.60 3/4 off 2, May 6.74 off 4, Jly 6.89 off 2 3/4, Sep 7.06 off 2.

Oats: Mar 3.14 1/4 up 6 1/4, May 3.08 up 5 3/4, Jly 3.08 up 3 1/4, Sep 3.09 up 1.

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