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U.S. agricultural futures rise 29 Jul 2021, 15:18 GMT+10 CHICAGO, July 28 (Xinhua) Chicago Board of Trade (CBOT) agricultural futures rose across the board on Wednesday, led by wheat. The most active corn contract for December delivery rose 2.75 cents, or 0.5 percent, to settle at 5.49 U.S. dollars per bushel. September wheat soared 14.25 cents, or 2.11 percent, to settle at 6.8875 dollars per bushel. November soybean gained 1.5 cents, or 0.11 percent, to settle at 13.61 dollars per bushel. CBOT agricultural futures rose as both old and new crop cash markets started to show some independent basis strength, the Chicago-based research company AgResource noted. U.S. Department of Agriculture (USDA) is scheduled to release the crop condition report on Monday. How deep of a fall in U.S. corn and soybean yields will depend on August weather conditions across the Central U.S.

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