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Markets

Wheat steadies after selloff triggered by USDA raising production estimates

  • Soybean futures gained for a second day after the USDA confirmed more sales of US beans to China
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By Reuters
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CANBERRA: US wheat futures steadied on Thursday, having fallen nearly 1% in the previous session after the US Department of Agriculture (USDA) raised its estimates for global production and end-of-season stocks, cementing expectations for ample supply.

Soybean futures gained for a second day after the USDA confirmed more sales of US beans to China.

Corn edged higher amid strong US export demand.

Wheat CBOT wheat EU wheat soft wheat Corn and wheat

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