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GRAINS-Wheat climbs as drought persists, soybeans pressured


7/19/2021
Soybeans ease on pressure from broader commodity markets

(Updates with closing prices, adds USDA crop conditions)
By Christopher Walljasper
CHICAGO, July 19 (Reuters) - Chicago wheat futures gained on
Monday, climbing to a 2-1/2- month high, supported by dry
weather in parts of U.S., Canadian and Russian growing areas
that raises global supply worries.
Soybeans eased after last week s gains, pressured by broader
losses in outside markets, though weather uncertainty underpins
the oilseed.
Chicago Board of Trade most-active wheat gained 5-1/4
cents to $6.97-3/4 per bushel after reaching $7.09-1/2 per
bushel, its highest since May 18.
Corn was up 1/4 cent at $5.52-1/4 per bushel, while ....

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