Chicago wheat, corn futures decline
Wednesday, 26 September 2018
HAMBURG, Sept 25 (Reuters): Chicago wheat and corn futures fell on Tuesday after the US Department of Agriculture (USDA) gave a positive picture of US crop progress.
Soybeans rose after recent sharp declines, largely caused by the US-China trade war, created buying opportunities.
Chicago Board of Trade most-active wheat was down 1.1 per cent at $5.21-1/4 a bushel at 1052 GMT. Corn fell 0.2 per cent to $3.59-1/2 a bushel, soybeans rose 0.5 per cent to $8.45-3/4 a bushel.
Some 28 per cent of US winter wheat was planted against analysts' expectations of 25 per cent and 26 per cent last year.