U.S. soybean futures edged higher on Tuesday after weekly crop condition ratings declined, but improving weather in the Midwest crop belt kept a lid on rallies by backing expectations for large harvests, traders said.
Reuters reports corn closed lower, shrugging off news of a massive Chinese purchase of U.S. corn.
Wheat firmed, buoyed by global export business and declining estimates of the size of the harvest in Russia, projected as the world’s top wheat supplier.
