US MIDDAY: corn, wheat sag; soya up

22 Oct, 2010

Corn and wheat futures on the Chicago Board of Trade fell early on Thursday due to profit-taking after the previous day's rally, traders said. Soyabeans were choppy as support from larger-than-expected weekly US export sales offset spillover pressure from corn.
CBOT November options expire on Friday. CBOT trends at 10:05 am CDT (1505 GMT) on Thursday December wheat down 9 cents at $6.74 per bushel. KCBT December down 9-1/2 cents at $7.20-1/2; MGEX December down 10-1/4 at $7.33-1/2. December corn down 5 cents at $5.68-1/2 a bushel. November soyabeans up 1-1/2 cents at $12.13-1/2 per bushel; January up 1-1/2 at $12.25-1/4.

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