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Food Business News 10/20/2020 07:00
Recap for October 19 Concerns stemming from dry conditions in wheat-producing countries around the world sent wheat futures higher Monday, with soft red winter futures hitting nearly-six-year highs. Bullish export expectations supported corn and soybean futures in spite of harvest pressure. December corn rose 3¼¢ to close at $4.05¼ a bu. Chicago December wheat rose 1¾¢ to close at $6.27 a bu. Kansas City December wheat added 4¼¢, closing at $5.63 a bu. Minneapolis December wheat added 9½¢, closing at $5.69¼ a bu. November soybeans . . .
Food Business News 10/19/2020 07:00
Recap for October 16 A week after rising to their highest levels since March 2018, soybean futures slumped Friday on more consistent rains likely to benefit the crop in top competitor Brazil. Wheat futures were mixed. Front-month soft red winter wheat futures advanced to their highest prices in nearly six years on continued global supply concerns linked to dryness in key growing regions. Corn futures eased after touching a 14-month high on ideas of big export sales to China. December corn fell 1¾¢ to close . . .

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