facebook
twitter
rss
account
search
search
 

Corn, soybeans, oats trade higher

Nov. 14, 2012 at 6:00 PM   |   Comments

CHICAGO, Nov. 14 (UPI) -- Grain futures were mixed on the Chicago Board of Trade Wednesday with wheat turning lower and corn, soybeans and oats making gains.

Corn was up 2 to up 3, soybeans were up 4 3/4 to up 13, wheat was off 1 3/4 to off 2 3/4 and oats were up 2 1/2 to up 7.

Corn found support from heavy rains expected in Argentina -- the U.S. Department of Agriculture declaring the U.S. harvest virtually complete. Wheat slid modestly, although Japan is becoming active in the market. The USDA pegged 36 percent of the winter wheat crop in good to excellent condition, a 2 percentage points drop from the previous report.

Soybeans made modest to sharp gains. China supported the market with a purchase of 120,000 metric tons of beans. Beyond that, 40,000 metric tons of oil was sold to an undisclosed destination.

Today's prices:

Corn: Dec 7.25 3/4 up 2 1/4, Mar 7.29 1/4 up 3, May 7.25 up 2 1/2, Jly 7.13 1/2 up 2.

Soybeans: Nov 14.32 3/4 up 5 3/4, Jan 14.19 up 11, Mar 13.98 3/4 up 13, May 13.77 1/4 up 4 3/4.

Wheat: Dec 8.48 3/4 off 2 1/4, Mar 8.64 off 1 3/4, May 8.70 3/4 off 1 3/4, Jly 8.58 3/4 off 2 3/4.

Oats: 3.67 1/2 up 3 3/4, Mar 3.76 1/2 up 4, May 3.77 1/4 up 2 1/2, Jly 3.78 3/4 up 7.

© 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.
Most Popular
1
Navy tests MQ-8C unmanned helos Navy tests MQ-8C unmanned helos
2
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
3
Harris selected for geospatial data products Harris selected for geospatial data products
4
Sweden plans to replace its Defense and Security Export Agency Sweden plans to replace its Defense and Security Export Agency
5
Throwback Thursday: Facebook launches old-school 'Rooms' app Throwback Thursday: Facebook launches old-school 'Rooms' app
Trending News
Around the Web
x
Feedback