UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Grain markets higher on CBOT

|
 
Published: 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.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 14
The 2013 Billboard Music Awards
View Caption
Singer Miley Cyrus arrives at the 2013 Billboard Music Awards held at the MGM Grand Hotel in Las Vegas, Nevada on May 19, 2013. UPI/Jim Ruymen
fark
How many people does it take to 'rescue' a naked college girl out for a hike high on mushrooms?...
Large tornado on ground right now -in- OKC
Attention all straight people with children, anything with the word "gay" in it is "inappropriate...
Photoshop this man and his fine hat (link fixed, not that it really matters)
Educators worry that students pretending to assassinate each other could lead to real violence,...
Not news: Woman can't find changing table for infant News: Staff gets upset when she changes diaper...