Soybeans stay firm on export demand, corn turns higher
source:Reuters
Chicago wheat eased back on Wednesday, while Paris futures struck new contract highs, as the market awaited a U.S. government world crop report for a gauge of rain-hit harvesting in western Europe and reduced expectations of Russian supply, reports I.
U.S. soybeans rose for a second session on signs of accelerating export demand and spillover support from a jump in Malaysian palm oil futures, another key global oilseed market.
Chicago corn recovered from a day-earlier fall as investors adjusted positions before Thursday's U.S. Department of Agriculture world crop outlook.
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cmdty National Corn Price Idx:ZCPAUS.CM
open: 5.7722
high: 5.8568
low: 5.7697
close: 5.8035
cmdty National Soybean Price Idx:ZSPAUS.CM
open: 12.4512
high: 12.6439
low: 12.4437
close: 12.524
cmdty National Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 7.8582
high: 7.963
low: 7.7907
close: 7.8806
cmdty National Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 7.256
high: 7.3282
low: 7.191
close: 7.2833
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