US soyabean futures rose for a fourth straight session on Monday and notched a three-week high on concern about dry weather in Brazil and as trade talks between Washington and Beijing raised hopes of accelerated export purchases by China.
Corn and wheat eased in a mild profit-taking setback from recent highs.
Soyabean prices were underpinned by news of a third wave of large US soyabean purchases by China on Monday as officials from Washington and Beijing meet for two days of talks this week aimed at resolving a bitter trade fight.
US Commerce Secretary Wilbur Ross predicted that Beijing and Washington could reach a trade deal that "we can live with."
Adverse crop weather in South America offered further support to prices.
Consultancy INTL FCStone cut its estimate of Brazil's soyabean crop on Friday by about 4 million tonnes to 116.25 million tonnes due to a drought affecting some areas.
Chicago Board of Trade March soyabeans rose 1-3/4 cents to $9.23-1/4 a bushel by 12:45 p.m. CST (1845 GMT) after touching a three-week peak of $9.27-3/4.
CBOT March corn fell 3/4 cent to $3.82-1/4 a bushel and March wheat shed 1-1/2 cents to $5.15-1/2 a bushel.
The US Department of Agriculture (USDA) delayed several major domestic and world crop reports because of the two-week-old partial government shutdown, the agency said on Friday.
New release dates for the monthly World Agricultural Supply and Demand Estimates report and other data originally scheduled for Friday, Jan. 11 will be set once government funding is restored, USDA said.
The wheat market was awaiting the outcome of a tender issued by major importer Algeria.
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