facebook
twitter
search
search

Grain futures rise in Chicago

Jan. 30, 2013 at 5:40 PM

CHICAGO, Jan. 30 (UPI) -- Grain futures closed higher Wednesday on the Chicago Board of Trade with the dollar index off 0.38 percent to 79.27 on the International Exchange.

Corn was up 6 1/4 to up 11 1/2, soybeans were up 24 1/4 to up 27 3/4, wheat was up 8 1/2 to up 10 and oats were up 1 1/4 to up 2 3/4.

Corn traded higher with support form the weaker dollar and bullish weather conditions in South America. With a lack of significant news, wheat prices rose in sympathy with corn and soybeans.

A rain-delayed harvest in Brazil expected to change to dry, hot weather, was considered bullish for soybeans.

The prices:

Corn: Mar 7.40 1/4 up 10 3/4, May 7.41 up 11, Jly 7.32 up 11 1/2, Sep 6.16 3/4 up 6 1/4.

Soybeans: Mar 14.78 3/4 up 27, May 14.67 1/2 up 27 3/4, Jly 14.27 1/4 up 27 3/4, Aug 14.26 1/4 up 24 1/4.

Wheat: Mar 7.87 up 10, May 7.95 3/4 up 10, Jly 8.00 1/4 up 9, Sep 8.07 3/4 up 8 1/2.

Oats: Mar 3.62 up 2, May 3.69 1/4 up 2, Jly 3.75 off 1 1/4, Sep 3.73 1/4 up 1 1/4.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Ford recalls 432,000 North American vehicles over software bug
Compact cannon for British armored vehicles
Volvo unveils new child seat concept
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue