With dollar index going higher grains show mix response

With dollar index going higher grains show mix responseAs the dollar leaped higher, trading up 1.35 percent on the dollar index on Tuesday, prices closed mixed on the Chicago Board of Trade.

Corn was off 2 1/2 to off 2 3/4, soybeans were off 2 1/2 to up 1/2, wheat was off 3/4 to off 1 3/4 and oats were off 1/4 to off 3/4.

It has been reported that corn found support in a late frost warning for northwestern areas of the Corn-belt but damage may be light, as the area is also generally late with planting.

With India reportedly ready to release more wheat from government stockpiles, wheat prices dropped slightly.

It was also reported that soybeans prices dropped as shaky equity markets put pressure on commodities. (With Inputs from Agencies)