Chicago grains weaken in positioning ahead of USDA report

Key Topics in this News Article:
News Snapshot:

(Updates for market close) By Heather Schlitz CHICAGO, Aug 11 (Reuters) – Chicago Board of Trade corn and soybeans fell on Tuesday as participants adjusted positions ahead of the widely followed U.S. government crop forecasts on Wednesday. Wheat also edged lower, with disruptions to Black Sea exports already factored into the market and reports of progress in talks to restore shipping through the Strait of Hormuz also hampering prices. The most-active wheat contract on the Chicago Board of Trade settled 10-1/4 cents lower to $6.30-1/4 per bushel. Wheat prices had risen earlier, adding to gains from the two previous sessions,…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form