CHICAGO, Dec. 28 (UPI) -- Grain futures were mixed Wednesday on the Chicago Board of Trade with the dollar index up 0.84 percent.
Corn was up 7 to up 9 1/4, soybeans were off 1 1/2 to off 1 3/4, wheat was up 6 1/4 to up 6 3/4 and oats were off 1 1/2 to up 1/4.
Corn futures rose despite a negative influence from equities and precious metals. Price support came from continued dry weather in Argentina. Wheat extended a rally to the eighth trading session, March wheat reaching 66 1/2 cents higher than the month's Dec. 16 low. Soybean futures were off slightly with beneficial rain expected in Brazil.
The prices:
Corn: Mar 6.42 1/2 up 9 1/4, May 6.50 1/4 up 9, Jly 6.56 up 8 3/4, Sep 6.08 1/4 up 7.
Soybeans: Jan 11.98 1/4 off 1 1/2, Mar 12.08 off 1 1/2, May 12.17 1/2 off 1 3/4, Jly 12.27 off 1 1/2.
Wheat: Mar 6.51 1/4 up 6 1/2, May 6.68 1/2 up 6 1/2, Jly 6.82 3/4 up 6 3/4 and Sep 6.98 1/2 up 6 1/4.
Oats: Mar 3.16 1/2 off 1 1/2, May 3.20 1/2 off 1 1/4, Jly 3.25 up 1/4, Sep 3.30 3/4 up 1/4.
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