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Markets

CBOT soybeans fall in early trade, corn mixed

CHICAGO : US soybean futures fell early at the Chicago Board of Trade on Thursday on improving crop weather in the Mi
Published June 16, 2011 Updated June 16, 2011 03:08pm

 CHICAGO: US soybean futures fell early at the Chicago Board of Trade on Thursday on improving crop weather in the Midwest, traders said.

Corn was mixed, with the front-month contract sagging but the new-crop December contract rising on bargain buying after sharp declines earlier this week. CBOT wheat futures also edged higher after falling to a three-month low.

At 9:38 a.m. CDT (1438 GMT), CBOT July soybeans were were down 6 cents at $13.62 per bushel and CBOT July wheat was up 2-1/4 cents at $7.10-3/4. CBOT July corn was down 1/4 cent at $7.25-1/2 a bushel while CBOT December corn was up 3 cents at $6.69 a bushel.

 

Copyright Reuters, 2011

 

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