Corn, soy futures soar on bullish USDA plantings forecast

30.03.2018

U.S. corn futures jumped more than 3 percent on Thursday and soybeans surged 2 percent after the U.S. Department of Agriculture stunned traders by projecting a year-on-year decline in plantings of both crops.

Chicago Board of Trade wheat futures followed the firm trend, despite the USDA's forecast of an expansion in...