facebook
twitter
search
search

Grain markets mostly higher on CBOT

May 25, 2012 at 4:15 PM

CHICAGO, May 25 (UPI) -- Grain markets closed mostly higher Friday on the Chicago Board of Trade.

Corn was steady to up 8 1/4, soybeans were up 4 3/4 to up 13 1/4, wheat was up 10 1/4 to up 17, oats were off 8 1/2 to off 10 1/4.

Weather gave a boost to corn after a day of choppy trade on slow export demand and outside economic concerns. Traders expect next week's crop report to show a drop in good to excellent crop ratings due to warm, dry, windy weather in Iowa, Illinois, Indiana and Ohio. Weather also gave a boost to soybeans and wheat, although rain is forecast to develop across the Corn Belt and mid-South.

The prices:

Corn: Jly 5.78 1/2 unc; Sep 5.26 1/2 up 8 1/4; Dec 5.21 up 6; Mar 5.32 3/4 up 6 1/4.

Soybeans: Jly 13.82 up 6; Aug 13.62 up 5 3/4; Sep 13.21 3/4 up 8 1/2; Nov 12.89 1/4 up 13.

Wheat: Jly 6.80 up 17; Sep 6.94 1/2 up 16 1/4; Dec 7.15 1/2 up 15 1/2; Mar 7.38 up 14.

Oats: Jly 2.96 1/4 off 8 3/4; Sep 2.99 3/4 off 9 1/4; Dec 3.06 off 9 1/2; Mar 3.13 1/4 off 10 1/4.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Houston-based LINN leaves Texas shale
Australian troops to receive new rifle variant
Gas prices could go up, AAA says
Saab joining BAE Systems, Patria in bid to produce armored vehicle
Kurdish government in Iraq selling more oil