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

Grains mixed Tuesday

|
 
Published: Nov. 13, 2012 at 6:59 PM

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.

© 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 16
Flags-In Ceremony at Arlington National Cemetery
View Caption
Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch
fark
Plagiarism, sex in conference rooms, wandering the halls socializing. Sometimes there aren't enough...
Experts say that U.S. schools should make physical education a core subject. Probably because most...
Prepare to be SHOCKED: some people underestimate the calories in fast food
Potatoes, once bad for you, then really bad for you, then instantly fatal, are now good for you....
Remember how Kate Upton backed out of taking that high school teen to his prom? Well, he's since...
Judge arrested by feds for buying heroin and carrying a gun. Appears for arraignment wearing a t-shirt...