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Wheat, soybeans, corn up on Black Sea uncertainties

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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