US wheat benchmark retreats despite persistent harvest concerns

05.01.2023

Chicago soybean futures rose on Wednesday, recouping some of last session’s losses, as concerns over a lack of rains in top supplier Argentina supported prices.

Corn also ticked higher, while wheat prices eased.

The most-active soybean contract on the Chicago Board of Trade (CBOT) added 0.5% to $14.99-1/2 a bushel, as of...