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.
By Kirk Maltais Soybeans for July delivery fell 1.4% to $12.30 a bushel, on the Chicago Board of Trade Tuesday, with better weather in North and South America supporting crops in the U.S..
Wheat Futures Climb as Frost Issues Grow in Russia -- 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 -Wheat for July delivery rose 3.8% to $5.88 1/2 a bushel, on the Chicago Board of Trade on Monday, with grain traders reacting to both geopolitical volatility and dry weather.