Soybeans, corn, wheat in positive territory Thursday

Soybeans, corn, wheat in positive territory Thursday

Soybeans were higher on fund and technical buying. Contracts saw follow through from Wednesday and spillover from bean meal. Domestic crush margins remain bullish and U.S. harvest activity is ongoing. Interior movement is an issue in some areas due to lower water levels on some major rivers. Export sales last week topped 2.3 million tons, China was by far the biggest buyer, and China and unknown destination bought more U.S. beans Thursday morning, 201,000 and 132,000 tons, respectively.

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