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Grains mixed Friday

Jan. 25, 2013 at 4:58 PM   |   Comments

CHICAGO, Jan. 25 (UPI) -- Grain futures closed mixed Friday with the dollar index down 0.31 percent to 79.74 on the International Exchange.

Corn was off 1 to off 3 1/2 to up 3 3/4, soybeans were off 1 1/2 to up 5 3/4, wheat was up 4 3/4 to up 8 and oats were up 1/2 to up 2 1/4.

Corn dropped slightly, a sign that prices have adjusted to the tight supply. Wheat traded modestly higher but ended the week with losses after up and down trading Friday. Soybean futures were mixed with prices balanced on support from demand in China and pressured by beneficial rains in Argentina.

The prices:

Corn: Mar 7.20 3/4 off 3 1/2, May 7.21 1/2 off 2 3/4, Jly 7.12 3/4 off 2 1/2, Sep 6.07 1/4 off 1.

Soybeans: Mar 14.41 up 5 3/4, May 14.26 up 2 1/4, Jly 14.17 3/4 up 1/4, Aug 13.91 off 1 1/2.

Wheat: Mar 7.76 1/2 up 8, May 7.84 3/4 up 7 3/4, Jly 7.88 1/2 up 6 1/4, Sep 7.97 1/4 up 4 3/4.

Oats: Mar 3.63 up 2, May 3.70 up 2 1/4, Jly 3.75 up 1 1/2, Sep 3.74 1/4 up 1/2.

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