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Soybeans, corn, wheat see good gains

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Soybeans were higher on commercial and technical buying. The trade is monitoring U.S. harvest activity and planting conditions in South America, with some rain in the forecast for parts of Argentina and Brazil. Conditions in South America remain widely mixed, too dry in some areas, too wet in others. There are also forecasts for hotter than normal temperatures in southern Brazil, compounding the dryness related issues in that part of the country. For now, analysts are expecting another record crop for Brazil and a big rebound in production for Argentina.

Soybeans, corn, wheat see good gains