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<blockquote data-quote="ddg1263" data-source="post: 791354" data-attributes="member: 8445"><p>No I mean 30.. here is an article on todays trading</p><p></p><p>CHICAGO, Nov. 12 (UPI) -- Grain futures were lower at the close Friday on the Chicago Board of Trade, pressured by heavy fund selling sparked by speculation on Chinese interest rates.</p><p></p><p>Corn was off 30, soybeans were off 67 1/4 to off 70, wheat was off 34 1/2 to off 38 1/2 and oats were off 19.</p><p></p><p>Heavy selling by funds had corn exploring lows and going limit down late in the day. Corn also was pressured by reports of China negotiating with Argentina and a lower dollar, with traders ignoring reports of dry conditions in Argentina and export sales for the week slightly higher than expectations.</p><p></p><p>Selling across the soybean complex was blamed on speculation China would raise interest rates to slow economic growth and lower-than-expected exports for the week.</p><p></p><p>Pressure from corn, soybeans and cotton sent wheat lower, with March down nearly 41 cents at one point, but contracts managed to stage a partial recovery before the close. Improved soil conditions in the Plains also were considered a negative factor.</p></blockquote><p></p>
[QUOTE="ddg1263, post: 791354, member: 8445"] No I mean 30.. here is an article on todays trading CHICAGO, Nov. 12 (UPI) -- Grain futures were lower at the close Friday on the Chicago Board of Trade, pressured by heavy fund selling sparked by speculation on Chinese interest rates. Corn was off 30, soybeans were off 67 1/4 to off 70, wheat was off 34 1/2 to off 38 1/2 and oats were off 19. Heavy selling by funds had corn exploring lows and going limit down late in the day. Corn also was pressured by reports of China negotiating with Argentina and a lower dollar, with traders ignoring reports of dry conditions in Argentina and export sales for the week slightly higher than expectations. Selling across the soybean complex was blamed on speculation China would raise interest rates to slow economic growth and lower-than-expected exports for the week. Pressure from corn, soybeans and cotton sent wheat lower, with March down nearly 41 cents at one point, but contracts managed to stage a partial recovery before the close. Improved soil conditions in the Plains also were considered a negative factor. [/QUOTE]
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