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Wheat, soybeans, corn up on Black Sea uncertainties

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Soybeans were higher on commercial and technical buying, ending an up and down day solidly in positive territory. Beans followed bean oil, which was up on a probable slowdown in sunflower oil exports from Ukraine. Harvest weather in the U.S. and planting conditions in Brazil generally look good. Stateside, the USDA says 88% of U.S. soybeans are harvested, compared to the five-year average of 88%. In South America, midday forecasts were generally a little bit drier, which will likely have more of an impact on Argentina than Brazil.

Wheat, soybeans, corn up on Black Sea uncertainties

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