GRAINS-Soybeans up for 5th session, at 7-month high on strong demand


Source: agriculture.com agriculture.com

Key Topics in this News Article:

News Snapshot:

SINGAPORE, Jan 18 (Reuters) - Chicago soybean futures climbed to a seven-month top on Wednesday, gaining for a fifth consecutive session on expectations of strong demand, led by top importer China. Wheat slid after four sessions of gains, while corn ticked lower, easing from its highest since early Nov. FUNDAMENTALS * The most-active soybean contract on the Chicago Board of Trade (CBOT) rose 0.2% to $15.42-1/4 a bushel, as of 0149 GMT, having climbed earlier in the session to its highest since late June at $15.46 a bushel. * Wheat gave up 0.5% to $7.48-1/4 a bushel and corn lost...