US grain futures up on southern hemisphere harvest concerns

24.11.2020

Chicago soybean futures rose to their highest in 4-1/2 years on Monday, touching $12 a bushel as dry weather in key suppliers Brazil and Argentina stoked supply concerns.

Corn and wheat also rose, supported by supply worries and brisk demand.

Chicago Board of Trade most-active soybeans rose 1.3% to $11.96-1/2 a bushel...