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Soybeans Gain on China Demand

Improved U.S. rating lifts expectations for bumper crop

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Chicago soybeans rose on Wednesday, supported by solid demand from the world's biggest importer China, while corn ticked lower on good crop conditions, reportsReuters.

Wheat turned higher after falling for three consecutive sessions, but remained capped by expectations of higher Australian output and ample world supplies.

“中国是大豆的价格现在是他们基于“增大化现实”技术的关键e buying U.S. beans," says Ole Houe, director of advisory services at agriculture brokerage IKON Commodities in Sydney.

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