Chicago soybean futures closed lower on Monday on technical selling, after reaching a two-month high, following a week of strong export sales, reportsReuters.
Corn gained as higher oil prices boosted hopes for ethanol demand and concerns loomed over mounting dryness in parts of the Midwest.
Wheat slipped as harvests in Texas and Oklahoma continued, while rains in the Northern Great Plains bolstered flagging crops across the Dakotas.