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CBOT news

  • Market Recap - Tue, May 17 2011

    Market Recap - Tue, May 17 2011

    Corn
     

    US corn futures finish sharply higher on concerns farmers will plant fewer acres than they previously intended due to excessive rains. Farmers are struggling to sow the crop in the eastern Midwest and northern
    Plains and may give up on planting unless the weather clears up. If corn is planted late, the crop produces lower yields because it must develop during the peak of summer heat. "We're running out of time," says Bill Gentry, analyst for Risk Management Commodities. CBOT July corn jumps 22 3/4c to $7.20 1/4 a bushel.



  • AP US Board of Trade - Tue, May 17 2011

    AP US Board of Trade - Tue, May 17 2011

    CHICAGO - Grains futures rose Tuesday on the Chicago Board of Trade.

  • Market Recap - Mon, May 16, 2011

    Market Recap - Mon, May 16, 2011

    Corn


    US
    corn futures finish higher on worries farmers won't sow as many acres as expected due to wetness. Cool, rainy weather is delaying planting in the northern Plains and eastern Midwest, while floods have submerged some crop land along the Mississippi
    River
    . "When you lump them all together, you're probably easily talking a million or a million and a half" acres that won't be
    planted, says Mike Kruger, president of The Money Farm. CBOT July corn rises 15 1/2c to $6.97 1/2 a bushel.

  • Grain futures mixed, livestock prices fall

    Grain futures mixed, livestock prices fall

    CHICAGO - Grains futures traded mixed Monday on the Chicago Board of Trade.

  • Market Recap - Fri, May 13, 2011

    Market Recap - Fri, May 13, 2011

    Corn

    US corn futures finish mixed, with nearby contracts rising on improved demand. Grain users increased purchases following a recent selloff, with South Korean buyers making their first major purchases in nearly two months. Traders worry the demand will drain
    already-tight inventories. The USDA announced exporters sold 271,200 metric tons of corn to "unknown destinations" for delivery during the next marketing year, though deferred contracts slipped. CBOT July corn ends up 11/2c at $6.82 a bushel; December corn loses 3 1/2c to $6.27.

  • Grain futures mostly down, livestock prices mixed

    Grain futures mostly down, livestock prices mixed

    CHICAGO - Grains futures traded mostly down Friday on the Chicago Board of Trade.