Grain futures sharply higher Monday
Monday, April 25, 2022 6:42 PM

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Apr. 25, 2011 (UPI NewsTrack) -- CHICAGO, April 25 (UPI) -- Grain futures closed sharply higher Monday in Chicago after the U.S. Department of Agriculture's crop report showed mixed progress in corn and wheat.

Corn was up 16 to up 25 1/4, soybeans were up 3 to up 9, wheat was up 25 3/4 to up 27 3/4 and oats were up 8 1/4 to up 10 1/2.

Corn futures rose on the Chicago Board of Trade with the USDA reporting 9 percent of the crop planted, far behind the historic average of 23 percent for this time of year. The report showed 6 percent of the spring wheat crop planted, also behind its average, which is 25 percent for this week of the year. The USDA said 23 percent of the winter wheat crop had headed out, slightly ahead of its long-term average.

The dollar index rose slightly, lending support to the soybean market, as sellers took advantage. Soybeans also found support from corn, wheat and continued high prices for silver and gold.

The prices:

Corn: May 7.62 1/2 up 25 1/4, Jly 7.68 1/2 up 24, Sep 7.24 up 19 3/4, Dec 6.81 1/2 up 16.

Soybeans: May 13.89 1/2 up 9, Jly 13.96 1/2 up 6 3/4, Aug 13.94 1/2 up 5, Sep 13.88 1/4 up 3.

Wheat: May 8.26 up 26 1/2, Jly 8.61 1/4 up 26 1/2, Sep 9.02 3/4 up 27 3/4, Dec 9.37 up 25 3/4.

Oats: May 3.98 up 8 1/4, Jly 4.07 1/2 up 10 1/2, Sep 4.11 up 9 1/2, Dec 4.14 1/4 up 8 1/4.
(Source: UPI )
(Source: Quotemedia)
 

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