EU grain lobby Coceral cuts its 2024 grain crop estimates

SINGAPORE, Sept 23 (Reuters): Chicago wheat futures gained more ground on Monday, with prices supported by dry weather curbing production prospects in Europe and other exporting countries.
Soybeans rose for the first time in three sessions, underpinned by dry weather delaying planting in the world's biggest exporter Brazil, while corn edged higher.
"There are some issues emerging which could impact wheat supplies going forward," a Singapore-based trader said. "But for now there is plenty of wheat coming from the Black Sea region and it is cheap."