U.S. wheat futures rose on Wednesday in a rebound from falls to one-month lows a day earlier on the Chicago Board of Trade and contract lows in Kansas City and Minneapolis markets.
Reutersreports soybean futures set a five-month low, while corn futures also eased.
Tuesday’s wheat price drop attracted bargain buying and short covering on Wednesday, traders toldReuters.
US Corn Price Idx:ZCPAUS.CM
open: 7.2445
high: 7.3221
low: 7.2209
close: 7.2352
US Soybean Price Idx:ZSPAUS.CM
open: 16.4072
high: 16.5177
low: 16.3258
close: 16.3318
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 10.4113
high: 10.6955
low: 10.3114
close: 10.3389
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 10.2125
high: 10.4968
low: 10.1342
close: 10.2137
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