Russian wheat export outlook weighs on Chicago futures
Expectations of higher Russian wheat shipments outweighed firm demand for US grain on Monday, while corn and soybeans rose after recent sharp declines drew bargain buying.
Chicago wheat futures retreated on Monday toward a 4-month low reached last week.
Expectations of increased Russian wheat exports outweighed strong demand for US grain.
Corn and soybean futures rose after sharp declines in recent weeks attracted bargain buying.
The move was reported from Canberra in the latest global grain session update.