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Soybeans gain on US wet weather risk

June 23, 2024 00:00:00


CHICAGO, June 22 (Reuters): Chicago Board of Trade soybean futures strengthened on Friday as some weather models showed heavy rain putting certain US production areas at risk of flooding, though they closed down for the week.

CBOT July soybeans settled up 5-1/4 cents to $11.60-1/2 a bushel after closing at their lowest in two months on Thursday.

For the week, July soybeans fell 19-1/4 cents, after rising the previous week.

July corn was down 4-3/4 cents at $4.35 a bushel. For the week, it fell 15 cents.


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