US wheat contracts kept up by global supply bottleneck

14.10.2021

Chicago soybean futures edged higher on Wednesday, steadying above a 2021 low struck a day earlier, as hopes of renewed Chinese demand countered pressure from higher than expected forecasts of U.S. supplies.

Corn edged down, while wheat was largely unchanged.

The most-active soybean contract on the Chicago Board of Trade (CBOT) was...