US grain futures start new year from strong positions, prices up

05.01.2021

Chicago soybean futures kicked off 2021 on a bullish tone, climbing to their highest since June 2014 on Monday as tightening South American supplies and strong Chinese demand underpinned prices.

Corn gained more ground to touch its highest in 6-1/2 years, while wheat rose.

The Chicago Board of Trade most-active soybean contract...