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Grains mostly higher in Chicago

Oct. 30, 2012 at 5:57 PM

CHICAGO, Oct. 30 (UPI) -- Prices were mixed Tuesday on the Chicago Board of Trade with the dollar moving lower and reports of rain delaying planting in key South American crop regions.

Corn was up 4 3/4 to up 5 1/2, soybeans were up 5 to up 6 3/4, wheat was off 1 1/4 to up 6 and oats were up 1 to up 3.

Corn prices regained Monday's modest losses with signs of a revival in demand -- Egypt placed an order of 180,000 metric tons from South American sources.

Wheat futures were mixed with Tunisia announcing a tender for 100,000 metric tons of milling wheat.

Soybeans closed higher with trading light as Hurricane Sandy forced the financial district to close for the second consecutive day.

The prices:

Corn: Dec 7.41 3/4 up 4 3/4, Mar 7.44 1/2 up 5 1/2, May 7.41 1/2 up 5 1/2, Jly 7.34 1/4 up 5 1/4.

Soybeans: Nov 15.33 3/4 up 6 1/2, Jan 15.36 1/2 up 6 3/4, Mar 15.10 3/4 up 5, May 14.65 3/4 up 5 1/2.

Wheat: Dec 8.56 3/4 off 1 1/4, Mar 8.71 3/4 off 1, May 8.79 off 3/4, Jly 8.68 1/4 up 6.

Oats: 3.88 3/4 up 1, Mar 3.96 3/4 up 2 3/4, May 3.97 3/4 up 3, Jly 3.97 1/4 up 3.

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