CBOT grains close mixed
 
By Mike McGinnis
Agriculture Online Chicago Markets Bureau Chief
 
12/18/2009, 3:47 PM CST
 
 

CHICAGO, Illinois(Agriculture Online)--The CBOT grains closed mixed, unable to establish a trend Friday.

The March '10 corn futures contract closed 3/4 of a cent higher at $3.97 3/4 per bushel, while March soybeans ended 10 cents lower at $10.20 per bushel. March wheat settled 9 1/2 cents higher at $5.28. Soybean oil finished 31 points lower at $38.74 and soymeal $2.60 lower at $320.00.

"The market ended mixed, lower in the bean complex, higher in wheat and corn, the opposite of how it traded at times earlier in the week. Watch the weekend weather in the Midwest and South America, trading Sunday night, the direction of the dollar and the latest weather forecast Monday am for opening ideas next week," says Grainanalyst.com floor trader and market analyst Vic Lespinasse.

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