Soybeans charged higher on Tuesday for the second day following two big export sales: one to China and one to unknown destinations. In addition, the market is getting help from overseas, where Malaysian palm oil reached a four-year high amid new concerns about lower production there.
The U.S. wheat markets were trying to move higher with the other crops, but the effort was being slowed by a big harvest underway in Australia.
Bob Burgdorfer of Farm Futures reporting. Farm Futures is a sister publication of Feedstuffs.