US wheat benchmark veers up despite better supply outlook

11.11.2022

Chicago wheat rose for the first time in four sessions on Thursday, recovering from its lowest in two months, although a U.S. government forecast of higher world supplies limited gains. Corn and soybeans also edged higher.

The most-active wheat contract on the Chicago Board of Trade (CBOT) added 0.4% to $8.09-3/4...