CBOT wheat plunges to 7-month low, soybeans rebound.
Byline: S. Kamal Hayder Kazmi
Chicago Board of Trade wheat futures plunged yet again on Wednesday as traders fretted over lagging US exports despite them being competitively priced in the global market. Soybeans started the day off on the negative side, with the most active soybean contract dipping just below the one-month low struck a day earlier, but ended the day on a positive note on technical buying.
Meanwhile, corn futures remained relatively steady throughout the day, as grain markets watched for developments in the...
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