US wheat futures down on America’s dwindling competitive market position

28.09.2020

Chicago Board of Trade corn and soybean futures rose on Friday, bouncing back from four straight days of declines on a mild round of bargain buying, traders said.

But wheat futures weakened, weighed down by a firm dollar, which makes U.S. supplies more expensive to overseas buyers.

Soybeans have fallen 4.8% this...