WHEAT – Up 3 to 5 cents per bushel.
Following corn higher on news China bought U.S. corn.
Investors also seeking safe-haven buys, including gold and
grains, on continued worries about financial woes in Greece and
the euro zone.
CORN – Up 5 to 7 cents per bushel.
Supported by news China bought U.S. corn and may buy more.
Lingering support also from Tuesday’s USDA May supply/demand
report that showed expected U.S. corn ending stocks for this
year and next year below trade estimates. Soaring gold also
lending support as investors seek safe-haven plays.
SOYBEANS – Up 3 to 5 cents per bushel.
Support from gains in corn after China buys another six
cargoes of U.S. corn and talk China may buy more U.S. corn and
soy. Rally in gold to record highs lending support as investors
pour money into safe-haven plays.
Support from gains in corn after China buys another six
cargoes of U.S. corn and talk China may buy more U.S. corn and
soy. Rally in gold to record highs lending support as investors
pour money into safe-haven plays.