Business News - Grain futures close mostly higher

ArcaMax Publishing > Business News

Your email address is safe with us. View our Privacy policy.

Free Financial Tools:

Start planning your financial future with our free financial tools & calculators.

The Funnies:

Get free jokes, comics, and more! See them all on
our funnies page

Weather:

Accurate national, regional, and local forecasts on the weather page

Grain futures close mostly higher

CHICAGO (UPI) -- Corn, wheat and soybean futures closed sharply higher on the Chicago Board of Trade Monday as stocks made gains on Wall Street.

Corn was up 16 1/4 to up 17, soybeans were up 19 1/2 to up 25; wheat was up 22 to up 22 3/4 and oats were off 1/4 to unchanged.

Corn futures jumped despite improved harvest weather in the Midwest. Wheat prices surged late in the day with the dollar losing ground against the euro. Soybeans rallied with the year's harvest about 50 percent complete.

The prices:

Corn: Dec 3.82 1/4, up 16 1/4; Mar 3.95 3/4, up 16 1/2; May 4.04 3/4, up 16 1/2; Jul 4.13 1/2, up 17.

Soybeans: Nov 9.97 1/2, up 19 1/2; Jan 9.98, up 21 1/2; Mar 10.00, up 25; May 9.95, up 25.

Wheat: Dec 5.16 3/4, up 22 1/2; Mar 5.36 3/4, up 22 3/4; May 5.49, up 22; Jul 5.59 1/2, up 22 1/4.

Oats: Dec 2.54 1/4, off 1/4; Mar 2.58, unchanged; May 2.76, unchanged; Jul 2.84, unchanged.

Copyright 2009 by United Press International

This news arrived on: 11/02/2009

Share this Story