The wheat it is almost negotiated stable even after uploading at the beginning of the session when farmers tried to assess winter crop damage on the American Great Plains.
The The most active soybean contract on the Chicago Stock Exchange added 5.75 cents to $14.9025 a bushelafter reaching $15.2275, its highest level since June 23.
The wheat contract more active was down 1.25 cents at $7.7475 a bushelMeanwhile he corn was earning 5.50 cents to $6.7175 a bushel.
Soybean futures rose after the Expected weekend rains in Argentina spared much of the parched growing regionanalysts said. “The weather forecast in Argentina this last weekend was mostly a flop. Now it’s moving into a dry spell,” he said. Tom FritzEFG Group commodities broker.
Soybeans also found support as China continues to lift lockdown measuresannouncing plans to start issuing visas next week, although the rise in COVID-19 infections will likely slow any increase in demand for soybeans.
The wheat follow backed by fears that cold temperatures will damage cropsespecially in parts of the US plains that lacked an insulating snow cover on dormant winter wheat crops.
Source: Ambito

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