CBOT Trends-Wheat and soybeans up 3-5 cents, corn up 2-4 cents
Wheat and soybeans prices increased by 3-5 cents, while corn rose by 2-4 cents at the Chicago Board of Trade. Wheat prices were supported by a winter storm forecast, although cold temperatures posed risks to crops. U.S. wheat export sales exceeded expectations, while corn saw gains due to strong export demand. Soybeans benefited from technical buying and hopes for Chinese demand, despite competition from South America. Weekly export sales for both corn and soybeans also surpassed analysts' predictions.
