Corn, soybeans start year higher

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SINGAPORE- Chicago corn and soybean futures rose on Monday with both markets starting 2022 on a positive note, climbing more than 1 percent as strong demand underpinned prices.

Wheat gained ground, supported by shrinking world supplies.

The most-active corn contract on the Chicago Board of Trade (CBOT) was up 1.2 percent at $6.00-1/4 a bushel, soybeans added 1.3 percent to $13.56-1/4 a bushel and wheat gained 0.8 percent at $7.76-3/4 a bushel.

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