GRAINS-Wheat firms on U.S. winter crop concerns, Black Sea supplies weigh


Source: agriculture.com agriculture.com

Key Topics in this News Article:

News Snapshot:

SINGAPORE, Nov 22 (Reuters) - Chicago wheat edged higher on Tuesday, as concerns over dryness across the U.S. winter crop regions underpinned the market, although ample supplies from the Black Sea region limited gains. Soybeans slid on concerns over demand from top importer China, which is facing rising number of COVID-19 cases. FUNDAMENTALS * The most-active wheat contract on the Chicago Board of Trade (CBOT) rose 0.1% to $8.18-3/4 a bushel, as of 0108 GMT. Soybeans lost 0.2% to $14.34-1/2 a bushel and corn gained 0.1% at $6.60 a bushel. * The U.S. Department of Agriculture on Monday rated 32%...