Grain Futures Recover at Midweek As Traders Eye U.S. Crop Conditions, Weather
After plummeting by over 40 cents on Tuesday and making a new low for the year, soybean futures on the Chicago Mercantile Exchange rebounded at midweek and closed 3 ¼ cents higher at $12.99 ¾ per bushel.
Corn and wheat futures also recovered on Wednesday, lifted in part by short-covering. July SRW wheat settled 3 ¼ cents higher at $5.94 ¼ per bushel after falling to a multi-year low earlier that day.
July corn ended flat at $5.94 per bushel yesterday and was last trading 7 cents higher at $6.01 per bushel in...
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