WHEAT – Up 1 to 2 cents per bushel.
Follow-through short-covering bounce after the sharp decline of prices
on Monday. Also, spillover support from gains in corn and soybeans.
CORN – Up 5 to 6 cents per bushel.
Support from news China bought 115,000 tonnes of U.S. corn, cold and
wet weather that is delaying corn seeding in China and cancellation of
another 250 corn receipts with the CBOT combine to lift corn futures.
Support from news China bought 115,000 tonnes of U.S. corn, cold and
wet weather that is delaying corn seeding in China and cancellation of
another 250 corn receipts with the CBOT combine to lift corn futures.
SOYBEANS – Up 3 to 5 cents per bushel.
Concerns about cold and wet weather that is delaying soy seeding in
China and short-covering bounce after Tuesday’s decline lifting soybean
futures. Also spillover support from gains in corn amid news China bought
115,000 tonnes U.S. corn.
Concerns about cold and wet weather that is delaying soy seeding in
China and short-covering bounce after Tuesday’s decline lifting soybean
futures. Also spillover support from gains in corn amid news China bought
115,000 tonnes U.S. corn.