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Soybeans Up for Second Day

Soybeans gain more ground as market recovers from 6-month low

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Chicago soybeans rose for a second consecutive session on Wednesday as the market continued to recover from a six-month low hit earlier this week, although gains were curbed by expectations of higher global stocks.

According to a report at Successful Farming, wheat slid for the first time in three sessions, while corn lost ground after Tuesday's gain.

"Chinese importers are buying as prices are attractive with the fall in Brazilian currency," said Darin Friedrichs, senior Asia commodities analyst at INTL FCStone in Shanghai.