Reading Time: 2 minutes Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.
Wheat futures jump after a sharp drop on Monday
Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets
Corn futures set a contract low; wheat prices advanced
Wheat futures rebounded from one-month low; corn stabilized
Corn consistently below moving averages a bearish sign says analyst
A two-week high in the U.S. dollar also hung over agricultural markets
Corn set a contract low in front-month futures; wheat futures declined
Wheat, soy decline on bumper Brazil harvest, resilient Black Sea trade
Corn, soybeans fell as traders assessed a rainy forecast in South America
Traders continue to keep a sharp eye on Brazil weather forecast