Soybean Ends Three-Day Losing Streak on Positive Demand Sign
A corn harvest in Crawfordsville, Arkansas.
Photographer: Brad Vest/BloombergSoybean futures snapped a three-day losing streak as renewed buying interest in US oilseeds helped support prices.
Contracts for November delivery gained as much as 1.8% on Wednesday, the biggest intraday gain in two weeks, to $10.20 a bushel. Earlier, exporters reported the sale of 120,000 metric tons of US soybeans to unknown destinations, according to a US Department of Agriculture notice.