GRAINS-Wheat rises on strong demand, soybeans supported by China’s COVID-19 easing


Source: agriculture.com agriculture.com

Key Topics in this News Article:

News Snapshot:

SINGAPORE, Dec 6 (Reuters) - Chicago wheat futures inched higher on Tuesday, rising for the first time in four sessions as strong U.S. weekly exports supported the market. Soybeans gained ground on expectations of a recovery in demand with China gradually easing COVID-19 restrictions, corn prices rose. FUNDAMENTALS * The most-active wheat contract on the Chicago Board of Trade (CBOT) added 0.4% to $7.42 a bushel, as of 0145 GMT. Soybeans gained 0.6% at $14.45-3/4 a bushel and corn rose 0.2% to $6.41-3/4 a bushel. * During the week ended Dec. 1, U.S. exporters prepared 334,653 tonnes of wheat for...