U.S. soybean futures Sv1 fell 1.4 per cent on Thursday, pressured by weak export demand for U.S. supplies of the oilseed given strong competition from Brazilian supplies, along with sliding values for soybean oil, traders said.
KC wheat firms on demand optimism
Wheat futures ended up 2.4 per cent on technical buying and weakness in the dollar
Gains limited by sizable South American crops; doubts over Chinese demand hangs over market
U.S. demand limited with colder temperatures in Midwest
Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy
Short-covering, positioning and U.S. export demand advance corn and wheat Friday
Beneficial rains have eased concerns about crop damage in Brazil from drought
Wheat ended nearly unchanged after touching seven-week low on Tuesday
Forthcoming South American soybean harvest a bearish influence
Shipping costs due to re-routing away from embattled Red Sea also affecting markets