Markets Print edition: 2021-11-16

US MIDDAY: US soyabeans, wheat extend rallies

Published November 16, 2021 Updated November 16, 2021 04:26am
By

CHICAGO: US soybean futures rose for the fifth session in a row on Monday on signs of good demand on both the domestic and export fronts. Chicago Board of Trade soft red winter wheat futures extended their winning streak to a sixth straight session, hitting a nine-year high on tightening global supplies and robust world demand, traders said.

Corn futures eased after three straight days of gains as US farmers neared the end of a bumper harvest. But strength in wheat and soybeans supported the corn market.