US farm markets were mixed but mostly higher, on Thursday.
Corn prices suffered another technical setback, down 1.53%.
Soybeans reversed higher, rising 2.21%.
The rest of the soy complex was also in the green, with soymeal trending 0.30% higher, while soyoil contract jumped 2.03% higher.
Wheat prices were mixed but mostly lower, as Chicago SRW eased by 0.42%,
Kansas City HRW dropped 0.81%, while MGEX HRS rose 0.47%.
In Europe, grain and oilseed markets rebounded after a sharp fall of latest three days.
Oil prices settled higher, in a trade choppy, as tight supply struggled with rate hike fear.
The Baltic Exchange’s main sea freight index in London extended decline for a fourth straight session, falling 2.3%.
On Wall Street, US stock indexes most climbed on stronger than expected U.S. economy data, though Tech stocks were undercut by a sharp rise in US T-note yields.
The DXY the dollar index rallied by +0.45% amid a sharp rise in US T-note yields, an upward revision in U.S. Q1 GDP, and a clean bill of health of largest U.S. banks.
Notably, Chicago wheat July contract was down 2.6c/bu to 653c/bu;
Kansas wheat Jul contract was down 6.4c/bu to 794.2c/bu;
Minneapolis wheat Jul contract was up 3.6c/bu to 807.4c/bu;
MATIF wheat Sep contract, was up €2/t to €233.25/t;
ASX wheat Jul contract, was down $4/t to A$382.5/t;
BlackSea wheat Jul contract was down $0.25/t to $234.25/t;
US DWI Cash (durum wheat index) was down 2.94c/bu to 784.12c/bu;
1CWAD (Canadian durumwheat) avg reg was up C$0.06/t to C$388.63/t;
EDW (EU durum) Sep contract, was down €3.25/t to €347.50/t;
Chicago corn Jul was down 9c/bu to 581c/bu;
MATIF corn Aug was up €1.25/t to €235.25/t;
Soybeans Jul contract up 32c/bu to 1483c/bu;
Winnipeg canola Jul was up C$18.20/t to C$729.2/t;
MATIF rapeseed Aug contract, was up €5.5/t to €435.75/t;
Brent crude Sep was up US$0.27 per barrel to $74.51;
WTI crude Aug was up US$0.30 per barrel to $69.86;
BDI Baltic Dry Index was down 26 points to 1.112;
Dow Jones was up 269.76 points to 34.122,42;
S&P 500 was up 19.58 points to 4.396,44;
NASDAQ Composite down 0.42 points to 13.591,33;
US dollar index (Sep ’23) was up 0.460 points to 103.008;
AUD/USD firmer at US$0.6616;
USD/CAD weaker at $1.3252;
EUR/USD weaker at $1.0863;
USD/RUB firmer at ₽86.8581.
