facebook
twitter
search
search

Grain markets higher on CBOT

May 15, 2012 at 6:52 PM

CHICAGO, May 15 (UPI) -- Grain futures closed higher Tuesday on the Chicago Board of Trade.

Corn was up 5 to up 14 1/4, soybeans were up 21 to up 26, wheat was up 6 3/4 to up 10 1/4 and oats were up 1 3/4 to up 3 3/4.

Wheat saw the biggest gains in weeks on speculation warm, dry weather may cut into crop yields in Kansas. Corn was higher on the stronger dollar and the soybean market saw some corrective short-covering on ideas recent losses were overdone.

The prices:

Corn: Jly 5.97 1/4 up 14 1/4, Sep 5.23 up 8 1/2, Dec 5.14 1/2 up 9, Mar 5.26 1/2 up 9 1/2.

Soybeans: Jly 14.13 up 26, Aug 13.93 3/4, Sep 13.40 up 13 1/4, Nov 13.05 up 10 1/4.

Wheat: Jly 6.08 1/2 up 10 1/4, Sep 6.22 1/4 up 9 1/2, Dec 6.43 3/4 up 8 1/2, Mar 6.64 up 6 3/6.

Oats: Jly 3.30 1/4 up 1 3/4, Sep 3.35 1/4 up 2 1/4, Dec 3.41 1/4 up 3 3/4, Mar 3.45 up 3 1/4.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Compact cannon for British armored vehicles
Aetna to acquire Humana for $37 billion in cash, stocks
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue
U.S. proposes tighter pipeline spill rules