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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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.