GRAINS-Corn rebounds, gains capped by U.S. crop report

SYDNEY, July 16 (Reuters) – U.S. new-crop corn futures rose on Wednesday, rebounding from losses of more than 1 percent in the previous session when the contract hit a all-time low, though gains were capped by the U.S. Department of Agriculture pegging the crop condition at the best in 20 years. FUNDAMENTALS * Chicago Board


FOB Gulf Grain-Soy offers steady-firm on rising Chinese demand

CHICAGO, July 15 (Reuters) – U.S. FOB Gulf soybean basis offers were mostly firmer on Tuesday on rising demand from China for post-harvest shipments and light farmer selling following recent steep price declines, traders said. * Nearby soybean offers were unquoted due to limited available old-crop supplies and competition from cheaper South American soybeans on