date:May 26, 2012
y, he said.
Corn futures also closed mostly higher, lifted by wheat's gains, positioning ahead of a long weekend and ongoing concern about dryness in the eastern corn belt.
CBOT July corn settled flat at $5.78 1/2 a bushel, while December corn rose 6 1/2 cents to $5.21 1/2 a bushel.
Soybean futures also rose on concerns about a mixed rain outlook for the Midwest, and on continued expectations for strong export demand.
CBOT July soybeans rose 6 cents to $13.82 a bushel.