Soybean futures rose the most in eight months on signs of increasing demand for livestock feed in China, the world’s top oilseed consumer, after egg and pork prices jumped.
Soybeans rose the most in a week after a government report showed increased U.S. sales of vegetable oil to China, the world’s largest consumer.
What follows are opening calls for U.S. grain and oilseed markets.
Soybeans declined for a second straight session on slowing Chinese demand for supplies from the U.S., the world’s biggest shipper. Corn fell on signs of weakening exports.
Wheat futures fell for the first time in three days on speculation that global demand for food and raw materials will shrink as China takes steps to slow growth.
Corn fell the most in almost a year and soybeans dropped to a six-month low on mounting concern that a slumping economy will curb demand for crops used in food, livestock feed and biofuel.