GRAINS-Wheat firms but set for 2nd monthly loss on Black Sea supplies


Key Topics in this News Article:

News Snapshot:

SINGAPORE, Nov 30 (Reuters) - Chicago wheat firmed on Wednesday on expectations of China loosening its COVID-19 restrictions, although the market was poised for a second month of decline on Black Sea supplies. Soybeans inched higher and were on track for their second straight monthly gain, while corn slid en route to its first monthly loss in four. FUNDAMENTALS * The most-active wheat contract on the Chicago Board of Trade (CBOT) rose 0.5% to $7.85 a bushel, as of 0203 GMT, soybeans added 0.1% to $14.60-1/2 a bushel and corn lost 0.1% to $6.68-3/4 a bushel. * For the month,...