U.S. Agricultural Futures Close Mixed
Chicago Board of Trade (CBOT) agricultural futures closed mixed on Saturday, with corn dropping and wheat and soybean rising
The most active corn contract for December delivery fell 4.25 cents, or 0.76 percent, to settle at 5.52 U.S. Dollars per bushel. September wheat rose 20.5 cents, or 3.05 percent, to settle at 6.925 dollars per bushel. November soybean gained 11.75 cents, or 0.85 percent, to settle at 13.9175 dollars per bushel.
China bought 134,000 tons of U.S. soft red winter (SRW) wheat.
Weather forecast shows it is drier across Minnesota and the Central Midwest. Excessive warmth is returning to the Central and Northern Plains next Tuesday to Friday. A cooler but very dry pattern will evolve across the Central and Eastern Midwest beyond the next 48 hours.