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Soybeans climb to 3-week high

October 19, 2023 00:00:00


SINGAPORE, Oct 18 (Reuters): Chicago soybean futures gained more ground on Wednesday, climbing to a three-week high, as strong demand in the US domestic market underpinned prices.

Wheat rose for the first time in three sessions on bargain buying, although ample supplies from the Black Sea region limited the gains.

The most-active soybean contract on the Chicago Board of Trade (CBOT) was up 0.9 per cent at $13.08-3/4 a bushel, as of 0344 GMT, after rising earlier in the session to $13.09-3/4 a bushel, the highest since Sept. 27.


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