US grain futures on the rise as Russia takes fiscal export cap measures

13.01.2021

Chicago soybeans, wheat and corn rose on Tuesday as investors awaited forecasts from the U.S. Department of Agriculture (USDA) of global grain and oilseed production later in the day.

Wheat was underpinned by reports that Russia will increase its planned tax on wheat exports.

"Attention is on the USDA report, the market...