facebook
twitter
search
search

Corn higher, soybeans lower on CBOT

March 1, 2013 at 6:42 PM

CHICAGO, March 1 (UPI) -- Economic concerns tied to the U.S. government sequestration resulted in choppy trading Friday on the Chicago Board of Trade.

Corn closed higher after a day of choppy trading but was unable to pull soybeans along in the face of mostly bearish outside markets, analysts said. Profit-taking ahead of the weekend also weighed on soybeans. Wheat closed higher on strong gains for the U.S. dollar and gains in corn.

Corn was up 1 1/2 to 5; soybeans were off 3 3/4 to off 9 3/4; wheat was up 4 1/2 to up 6 and oats were up 1 to up 10 3/4.

The prices:

Corn: Mar 7.24 1/4 up 4 3/4; May 7.08 1/2 up 5; May 6.87 up 2 1/4; Jly 6.87 up 2 1/4; Sep 5.84 1/4 up 1 1/2.

Soybeans: Mar 14.64 1/2 off 9 3/4; May 14.43 1/2 off 8 3/4; Jly 14.27 1/4 off 8; Aug 13.88 off 3 3/4.

Wheat: Mar 7.13 1/4 up 5 1/2; May 7.20 1/2 up 6; Jly 7.22 1/4 up 5 3/4; Sep 7.29 3/4 up 4 1/2.

Oats: Mar 4.02 1/2 up 10 3/4; May 3.79 3/4 up 2 1/2; Jly 3.72 1/4 up 1; Sep 3.69 1/4 up 1.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Compact cannon for British armored vehicles
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue
Aetna to acquire Humana for $37 billion in cash, stocks
U.S. proposes tighter pipeline spill rules