Chicago - UPI
Corn, wheat and soybean futures posted gains Friday on the Chicago Board of Trade as traders focused on increased export demand and a Greek debt deal. Corn was up 2 1/2 to up 5 1/2, soybeans were up 7 1/4 to up 9 1/4, wheat was up 11 1/4 up 15 1/4 and oats were off 1/4 to up 2 3/4. The U.S. Soybean Export Council said China has agreements to buy 13.4 million tons of U.S. soybeans this week. Wheat was boosted by reports of a sale of 120,000 tons of U.S. soft red wheat to Egypt and news Ukraine will limit wheat exports for the remainder of the marketing year. Corn saw gains on optimism of a Greek financial bailout plus a firm tone to international equity markets, traders said. The prices: Corn: Mar 6.41 3/6 up 5 1/2, May 6.45 1/4 up 5 1/2, Jly 6.48 1/4 up 5 1/2, Sep 5.96 3/4 up 2 1/2. Soybeans: Mar 12.67 1/2 up 9 1/4, May 12.73 3/4 up 8 3/4, Jly 12.82 up 8 1/2, Aug 12.78 up 8 1/4. Wheat: Mar 6.28 3/4 up 2 3/4, May 6.35 1/4 up 1 1/4, Jly 6.48 up 1 1/4, Sep 6.65 3/4 up 1 1/4. Oats: Mar 3.23 3/4 down 1/4, May 3.21 up 2 3/4, Jly 3.17 1/2 up 1 3/4, Sep 3.18 up 2 1/4.