Home / Markets / Markets Analysis / Soybeans market / Corn, beans end sharply higher Monday

Corn, beans end sharply higher Monday

Jeff Caldwell 11/15/2010 @ 2:24pm Multimedia Editor for Agriculture.com and Successful Farming magazine.

Corn and soybeans rallied big-time Monday, rebounding after limit-down losses Friday.

At Monday's close, the December 2010 corn futures contract was 21 1/2 cents higher at $5.55 1/2 per bushel, while January soybeans were 17 1/2 higher at $12.86 1/2. December wheat was 3 1/2 cents higher at $6.72 3/4 per bushel.

The grains, especially soybeans, were buoyed by a lack of follow-through after China's announcement of an interest rate cut combined with affirmation that China and other foreign buyers will keep demand strong for U.S. grain.



CancelPost Comment
MORE FROM JEFF CALDWELL more +

Planting Weather Window Flying Open After… By: 04/24/2015 @ 12:42pm The weekend looks to be a wet, cool one in much of the Corn Belt, but by the beginning of next…

The [A] List: 3 Big Things This Morning… By: 04/24/2015 @ 6:29am Conflicting market factors weighing on the grains this morning.In the corn trade, the bird flu…

Tech Company Offers 'Diary For Future… By: 04/23/2015 @ 2:27pm Have you ever searched for a home on the Internet? The collection of data on vacant real estate…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Disc openers
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]