Grain futures mixed Friday

Aug. 14, 2009 at 4:38 PM
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CHICAGO, Aug. 14 (UPI) -- Grain futures closed mixed on the Chicago Board of Trade Friday, as stocks slid on Wall Street after two days of modest gains.

Corn was off 4 1/4 to off 5 1/4, soybeans were off 28 to off 30, wheat was up 2 and oats were unchanged to up 2.

Corn futures closed lower in advance of an auction of 2 million metric tons scheduled by China for early next week. Wheat closed higher with a rally moderated by the dollar's afternoon rise. Soybeans fell as Indian crops expected to benefit from late monsoon rains.

The prices:

Corn: Sep 3.19 1/4, off 5 1/4; Dec 3.27 3/4, off 4 1/4; Mar 3.41 1/2, off 4 1/2; May 3.50 3/4, off 4 3/4.

Soybeans: Aug 9.72, off 30; Sep 9.45, off 30; Nov 9.29, off 28; Jan 9.35, off 28.

Wheat: Sep 4.81 3/4, up 2; Dec 5.09 1/2, up 2; Mar 5.28 3/4, up 2; May 5.40 3/4, up 2.

Oats: Sep 2.01 1/4, unchanged; Dec 2.15, unchanged; Mar 2.28, up 2; May 2.36, up 2.

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