Chicago Board of Trade soybean futures settled higher on short-covering and technical buying on Wednesday as the market rebounded after the front-month contract matched a three-year low, analysts said.
Corn extends recovery; wheat futures fell
Soybean futures backpedal from early advances
Precipitation in Alberta, Saskatchewan increases demand for grassers
US grain exports face competition from South America
Wheat futures weaken as U.S. files sanctions against Russia
Rising stockpiles, falling Chinese demand spurred massive short in corn, soy
Soybeans followed corn lower; wheat ended mostly weaker
Lower prices blamed on funds, 'too much farmer ownership'
Some buyers suggest some heifers are being purchased for breeding
Soybean market oversold, analyst says