U.S. corn and soybean futures rise as Brazil's new tax package prompts farmers to hold onto grain, potentially boosting demand for alternative sources.
Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.
Wheat Futures Falls as U S Crop Progress Surges -- Daily Grain Highlights marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
By Kirk Maltais Corn for July delivery rose 0.7% to $4.50 1/4 a bushel, on the Chicago Board of Trade on Wednesday, bouncing as traders consider the potential impact of weather in the U.S..