US soybean futures edged higher on Tuesday, rebounding from a near two-week low touched in the previous session, though gains were checked amid fears about future demand from China; the world's largest importer.
Fundamentals: The most active soybean futures on the Chicago Board Of Trade were up 0.3 percent to $9.06-1/2 a bushel by 0116 GMT, having closed down 0.7 percent on Monday when prices hit a low of $9.02 a bushel - the lowest since Jan. 2.
The most active corn futures were up 0.5 percent to $3.80-1/2 a bushel, having closed little changed in the previous session.
The most active wheat futures were up 0.4 percent at$5.16-1/4 a bushel, having closed down 1.1 percent on Monday.
Grain markets languished as Chinese trade figures dampened demand sentiment and fuelled concerns across financial markets about an economic slowdown in China and beyond.
China's General Administration of Customs said soy imports in December fell 40 percent from the same month a year earlier, the lowest for the month since December 2011. Fears for the US winter wheat crop eased after several inches of snow fell over the weekend. The snow cover should protect dormant crops as severely cold weather hits the region this week.
Russian agriculture ministry on Monday confirmed its outlook for 2018-19 grain shipments, tempering concerns about limited sales from one of the world's largest exporters.
Market news: The dollar was marginally firmer than most of its peers on Tuesday, as heightened fears of a slowdown in global growth increased investor demand for safe-haven assets.