CHICAGO, May 8 (UPI) -- Grain futures were mixed on the Chicago Board of Trade Tuesday, with soybeans sharply lower as the dollar index rose 0.38 percent.
Corn was up 1 to up 4 3/4, soybeans were off 15 1/4 to off 27 1/2, wheat was up 1 1/2 to up 3 and oats were off 1 3/4 to up 3/4.
Corn prices rose marginally with support from a weaker dollar. Wheat prices rose slightly, as concerns over European elections kept gains in check. Soybean futures tumbled despite continued demand from China, an indication that traders expected the recent rally had run too far.
The prices:
Corn: May 6.66 up 1, Jly 6.23 up 3, Sep 5.38 up 4 3/4, Dec 5.28 up 3 1/4.
Soybeans: May 14.37 3/4 off 25 3/4, Jly 14.38 1/4 off 27 1/2, Aug, 14.25 1/4 off 23 1/2, Sep 13.71 1/4 off 15 1/4.
Wheat: May 6.09 up 2 3/4, Jly 6.15 up 3, Sep 6.29 up 2 1/4, Dec 6.52 1/2 up 1 1/2.
Oats: May 3.32 1/4 up 3/4, Jly 3.37 3/4 up 1/4, Sep 3.41 1/2 unchanged, Dec 3.45 1/2 off 1 3/4.
