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Corn, soyabean and wheat futures on the Chicago Board of Trade were higher in early moves, bouncing back from a sell-off on Tuesday along with crude oil and US equity markets, traders said. CBOT corn drew independent support from news that China may issue big new corn import quotas.
As of 9:39 am CDT (1439 GMT), CBOT July corn was up 7-1/4 cents at $3.71-1/2 per bushel. July soyabeans were up 8 cents at $9.38-1/2 a bushel and July wheat was up 7-1/2 cents at $4.68 a bushel.

Copyright Reuters, 2010

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