Chicago wheat declined on Wednesday, erasing most of the gains made the day before when worries that escalating wartime tensions would impact shipping in the Black Sea exporting region sent grains markets higher.
Traders continue to keep a sharp eye on Brazil weather forecast
Canola likely to pull back once trading gets back into full swing in New Year
Re-opening of U.S./Mexico rail crossings boosted corn, dryness lifted soybeans
Railways between U.S. and Mexico reopened five days after key trade routes closed
Corn up on technical bounce, wheat up on weaker dollar
Exports being lost because of US-Mexico rail crossing closures, industry says
The facility may produce as much as one billion litres of canola and soy-based jet fuel
Good export demand also underpinned soybeans
CBOT long liquidation saw the net long position in soybeans dip
Traders waited to see whether beneficial rains will arrive in dry areas of Brazil