Grains Futures Edge Higher on Chicago Board of Trade

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Grains Futures Edge Higher on Chicago Board of Trade

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Grains futures opened higher on the Chicago Board of Trade, with corn, soybeans, wheat, and soybean meal all gaining ground. Corn closed at $535.25, up $1.25, while soybeans settled at $1066.50, up $3.25. Wheat finished at $452.75, up $1.75, and soybean meal reached $307.40, up $2.70. Traders kept volumes light, with corns estimated sales dropping significantly compared to midweek. Open interest dropped for corn but rose for wheat. Soy oil dipped slightly, with estimated sales of 14,327. Soybeans volume also decreased sharply. The market reflects a steady feeling out the day ahead of weekend news.

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