US grain benchmarks up on fresh supply woes

20.12.2021

U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said.

Corn futures set a four-month high near $6 a bushel and wheat followed the firm trend.

Chicago Board of Trade January soybeans settled up 8 cents at...