Wheat gains, watching Black Sea tensions

Wheat gains, watching Black Sea tensions

Soybeans were firm to higher on short covering and technical buying. Domestic crush margins have narrowed a little but remain solidly in positive territory. U.S. export demand continues to be a question mark ahead of Thursday’s weekly numbers. China has been able to source beans outside of the U.S. recently due to high prices and political tensions, with that nation on holiday next week. It was an up and down session, with traders watching product prices, the broader market, and early U.S.

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