Grains close mixed Wednesday
Wednesday, April 20, 2011 3:01 PM By dwi
CHICAGO, Apr 20 (UPI) -- Grains futures were mixed Wednesday on the metropolis Board of Trade, as the dollar finger dropped 0.91 proportionality and floods were due in parts of the Midwest.
Corn was soured 16 1/4 to soured 20 1/2, soybeans were up 13 1/2 to up 15 3/4, wheat was soured 3/4 to up 3 1/2 and oats were soured 6 1/2.
Corn futures dropped with the December contract soured 20 1/2 with high seen as a existence in parts of Missouri, river and gray Illinois. Wheat prices climbed early as Arabian Arabia issued a tender for 330,000 metric tons, but defy reports in parts of the gray plains was views as negative. India is also considering an end to its moratorium on wheat exports.
The bean market institute support from the weaker dollar, although slow demand from China continues to limit gains.
The prices:
Corn: May 7.32 3/4 soured 16 1/4, Jly 7.40 1/2 soured 16 1/2, Sep 6.97 1/4 soured 18 1/4, Dec 6.55 1/2 soured 20 1/2.
Soybeans: May 13.57 3/4 up 15 3/4, Jly 13.69 1/4 up 15 1/4, Aug 13.71 1/4 up 13 3/4, Sep 13.68 1/2 up 13 1/2.
Wheat: May 7.85 soured 3/4, Jly 8.20 3/4 soured 1/4, Sep 8.59 3/4 up 1, Dec 8.96 1/4 up 3 1/2.
Oats: May 3.87 1/2, Jly 3.97, Sep 4.02, Dec 4.07 -- all soured 6 1/2.
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