Tight supply outlook keeps US wheat futures up

23.02.2021

U.S. soybean futures rose again on Monday after a U.S. Department of Agriculture (USDA) forecast that U.S. soy supplies will remain tight into 2022 despite a record-large crop this year.

Corn and wheat were also firm.

Chicago Board of Trade most-active soybeans were up 0.04% at $13.77-3/4 a bushel at 1140 GMT,...