Wheat Fund Gains 1.4% as Soy, Corn Edge Up | Grains, Oct 5
Wheat led the grains on Monday as the WEAT fund rose 1.37%, while soybean and corn funds edged up. See the board and the Latin America read. The post Wheat Fund Gains 1.4% as Soy, Corn Edge Up | Grains, Oct 5 appeared first on The Rio Times .
On Monday, October 5, wheat led the grain market with the WEAT fund gaining 1.37% to $25.09. Soybean and corn funds also edged up, with SOYB up 0.37% to $27.32 and CORN up 0.27% to $18.90. The funds are exchange-traded proxies for the grain markets and track futures prices rather than physical grain prices. The gains in soybeans and corn were small, while wheat's move was larger but not attributed to a specific cause.
South American supply keeps a lid on soybeans and corn prices, as major exporters Brazil and Argentina compete with US farmers for Chinese orders. The article was produced by The Rio Times' automated newsroom system.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.