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South American dryness pushes soybean futures near seven-month high, corn also rallies, wheat stronger.

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Soybean futures expected to extend gains as South America dryness hurts yield prospects, corn and wheat also higher.

South American weather remains volatile, wheat crop conditions deteriorated in December and the White House will tighten labeling standards...

Too much heat and dryness across southern Brazil and northeastern Argentina, along with too much rain in some areas of central and northeastern Brazil continues to curb South American crop production prospects.

Individual state crop conditions ratings released on Monday showed major deterioration of the HRW wheat crop during December.

Soybean futures built on Monday’s gains overnight, while corn and wheat mildly rebounded from yesterday’s losses.

Biden, Attorney General Garland and USDA Secretary Vilsack hold virtual meeting

Soybeans rally to start year as South America dryness cuts production outlook, wheat extends slump, corn lower.