US grain benchmarks down on fading supply concerns

14.12.2021

Chicago wheat futures fell on Monday, as expectations of larger than expected world supplies pressured prices.

Corn and soybeans also fell, facing technical resistance as dealers waited for new indications of Chinese import demand for U.S. supplies.

Chicago Board of Trade most-active wheat had fallen 0.9% to $7.77-1/2 a bushel by 1228...