US MIDDAY: wheat, corn and soya up

05 Jan, 2010

Wheat futures on the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange were higher early Monday, buoyed by a weaker dollar and expectations of index fund buying, traders said. As of 9:38 am CST (1538 GMT), CBOT March wheat was up 17 cents at $5.58-1/2 per bushel, breaking through its 50-day moving average at $5.49.
KCBT March wheat was up 16 at $5.52-1/4 and MGEX March spring wheat was up 16-3/4 at $5.61-3/4. March corn up 7 cents at $4.21-1/2 a bushel. January soyabeans up 11-1/2 cents at $10.51-1/4 a bushel.

Read Comments