US cereals contracts ride high on rising demand

21.10.2021

Chicago soybean, corn and wheat futures extended gains on Wednesday to hold near one-week highs, supported by brisk global demand and slow-moving harvests in some major production zones.

Record highs for palm oil futures lent support to oilseeds including soybeans. Slow-moving soybean harvesting in part of the U.S. Midwest and rain-delayed...