- Advertisement -
CHICAGO- US soybean futures rose on Friday as traders covered short positions ahead of a long holiday weekend, while reminders of fresh export business lent support, traders said.
Wheat futures also ended higher, but corn futures drifted lower in rangebound trade as market players awaited more information on the status of US Gulf export facilities following Hurricane Ida.
US markets and government offices will be closed on Monday for Labor Day.
- Advertisement -
Chicago Board of Trade November soybeans settled up 8-3/4 cents on Friday at $12.92 a bushel. December wheat ended up 9-1/4 cents at $7.26-1/4 a bushel while December corn fell 1-1/2 cents to finish at $5.24 a bushel.
