U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.
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
Shipping costs due to re-routing away from embattled Red Sea also affecting markets
Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report
Edible bean production down slightly with lower seeded area, yield
Global corn ending stocks are projected to hit a six-year high in 2023/34
Corn futures eased; wheat futures also slumped
Corn, wheat futures were steady to up
Chicago soyoil has shown some stability, underpinning canola