Grain futures close lower on Chicago Board
As the U. S. weekly crop report showed steady, across-the-board progress in major grains, Grain futures closed lower on the Chicago Board of Trade on Monday.
Corn was off 3 3/4 to off 4 1/2, soybeans were unchanged to off 1 1/2, wheat was off 3 to off 3 1/2 and oats were unchanged.
After a report that said planting was virtually done for the year and emergence stood at 94 percent, ahead of the five-year average, Corn prices dropped with.
It was also reported that winter wheat was listed as 84 percent headed out with the harvest underway.
The report also noted that soybeans planting and emergence were in step with the historic averages at 84 percent and 66 percent, respectively. (With Inputs from Agencies)