Key Facts
The wheat-tracking fund WEAT lost 3.29%, settling at US$23.81 as Black Sea export jostling and a firmer dollar clipped appetite.
Soybean proxy SOYB edged 0.08% lower to US$25.16, with the shallow move reflecting a tug-of-war between Brazilian harvest pace and steady Chinese near-term bookings.
Corn tracker CORN declined 0.62% to US$17.65, pressured by Brazil’s advancing safrinha harvest and a slight easing in Chicago benchmark futures.
Brazil’s record second-crop corn haul is barrelling toward ports at a rapid clip, keeping a physical lid on FOB premiums and pulling the CORN proxy lower in the session.
