Chinese buying supports soybeans
source: Reuters
Chicago wheat futures fell on Monday, pressured by abundant supplies forecast in a U.S. government report last week, reportsReuters.
Soybeans were marginally lower after closing higher in the last three sessions as strong Chinese demand underpinned prices.
China has stepped up purchases of U.S. beans in recent weeks, supporting prices.
US Corn Price Idx:ZCPAUS.CM
open: 7.5664
high: 7.6359
low: 7.4056
close: 7.472
US Soybean Price Idx:ZSPAUS.CM
open: 16.9844
high: 17.0789
low: 16.3931
close: 16.4886
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 11.3609
high: 11.4747
low: 11.0961
close: 11.0986
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 10.444
high: 10.5717
low: 10.2215
close: 10.2215
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