Grains closed mostly lower Friday on the Chicago Board of Trade with the dollar index up 0.1 percent to 81.44 on the International Exchange. Corn was off 1/2 to off 1 1/2; soybeans were off 26 1/2 to off 28; wheat was off 4 to off 6 1/4 and oats were off 1 1/4 to off 2 1/4. Corn dropped slightly with ethanol production up 1 percent in the latest week. In Brazil, dry weather is deemed as supportive for now of a second corn planting for the year. Wheat prices fell as cumulative sales were reported at 78 percent of the U.S. Department of Agriculture forecast, compared to a five-year average of 84 percent. Soybean futures dropped sharply as last week's sales cancellations were reflected in this week's sales report. The prices: Corn: Mar 6.90 1/4, off 1/2; May 6.84 1/4, off 1 1/4; Jly 6.71 3/4, off 1 1/2; Sep 5.73, off 1. Soybeans: Mar 14.61 1/4, off 26 1/2; May 14.43 3/4, off 26 3/6; Jly 14.26 1/2, off 28; Aug 13.87 1/2, off 26 1/2. Wheat: Mar 7.15, off 6 1/4; May 7.18 3/4, off 5 1/4; Jly 7.23 1/2, off 4 1/2; Sep 7.32 1/2, off 4. Oats: Mar 3.88, off 1 1/2; May 3.85 1/4, off 2 1/4; Jly 3.81 1/4, off 1 1/4; Sep 3.78 1/4 off 1 1/4.
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U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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