Grain futures were mostly lower in Chicago Monday as the dollar climbed to a 19-month high against the yen. On the Chicago Board of Trade, corn was off 5 1/4 to off 6 3/4, soybeans were off 4 3/4 to off 6, wheat was up 2 1/4 to up 8 and oats were off 1/2 to up 1/4. The dollar index was nearly flat, rising 0.05 percent to 79.93 on the International Exchange. The dollar, however, rose to 83.62 yen from Friday's 83.27 yen, its highest mark since April 2011. Analyst said the dollar climbed after the Liberal Democratic Party election victory in Japan. It is expected the LDP has a higher chance of employing a strategy of monetary easing, The Wall Street Journal reported. Corn prices dropped due to a slump in demand at the start of trading. Wheat futures rose with expectations of increased use by feedlots. Soybean prices were mixed with the export inspection pace at 51 percent of the U.S. Department of Agriculture estimate compared with a five-year average of 39 percent. The prices: Corn: Mar 7.24 off 6 3/4, May 7.27 1/2 off 6 1/4, Jly 7.25 off 5 1/4, Sep 7.43 1/4 off 6 1/4. Soybeans: Jan 14.96 1/4 up 1/4, Mar 14.88 1/4 off 3 1/4, May 14.67 1/4 off 4 1/4, Jly 14.51 3/4 off 1 1/4. Wheat: Mar 8.08 off 6, May 8.20 1/4 off 6, Jly 8.27 1/4 off 5 3/4, Sep 8.39 3/4 off 6. Oats: Mar 3.89 1/4 off 1/2, May 3.94 3/4 off 1/2, Jly 3.94 3/4 up 1/4, Sep 3.84 1/4 up 1/4.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor