
CHICAGO, Nov. 13 (UPI) -- Grain futures were mixed on the Chicago Board of Trade Tuesday after the U.S. Agriculture Department raised its supply estimates on corn and soybeans.
Corn was up 1 1/4 to up 5 1/2, soybeans were off 3 to up 16, wheat was off 4 1/2 to off 6 3/4 and oats were up 4 1/2 to up 7 1/4.
The USDA revised its corn yield estimate up 0.2 percent. The estimate for soybeans of 2.97 billion bushels also beat expectations, although soybeans were split after a slow start. Wheat prices dropped modestly with support from several buyers, including Bahrain, Japan, Taiwan and Algeria, all in the market Tuesday.
Jordan, Iraq and Syria are also tendering for wheat.
Today's prices:
Corn: Dec 7.23 1/2 up 5 1/2, Mar 7.26 1/4 up 4, May 7.22 1/2 up 3, Jly 7.11 1/2 up 1 1/4.
Soybeans: Nov 14.27 up 16, Jan 14.08 up 3, Mar 13.85 3/4 off 2 1/4, May 13.72 1/2 off 3.
Wheat: Dec 8.51 off 6 3/4, Mar 8.65 3/4 off 6 3/4, May 8.72 1/2 off 6 3/4, Jly 8.56 off 4 1/2.
Oats: 3.53 3/4 up 4 1/2, Mar 3.72 1/2 up 4 1/2, May 3.74 3/4 up 7 1/4, Jly 3.71 3/4 up 7 1/4.
|
|
|
|
|
|
| Additional Business News Stories | |
WASHINGTON, May 21 (UPI) --
A member of Congress who led an investigation into the BP oil spill in 2010 expressed outrage that a judge threw out a charge against a former BP executive.
|
LONDON, May 21 (UPI) --
Britain's Ministry of Defense has announced the signing of a $22.8 million contract for Hellfire missiles used by its Apache helicopters.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption