(Bloomberg) -- Soybean futures in Chicago rose for a
sixth day to a three-year high on speculation that a government
report today will forecast a drop in U.S. inventories next year.
Corn futures fell, while wheat futures climbed.
The U.S. Department of Agriculture is expected to cut its
projection of the surplus before the 2008 harvest to 224 million
bushels from a forecast of 320 million bushels in June, according
to the average estimate of 14 analysts surveyed by Bloomberg.
Read more at Bloomberg Commodities News
sixth day to a three-year high on speculation that a government
report today will forecast a drop in U.S. inventories next year.
Corn futures fell, while wheat futures climbed.
The U.S. Department of Agriculture is expected to cut its
projection of the surplus before the 2008 harvest to 224 million
bushels from a forecast of 320 million bushels in June, according
to the average estimate of 14 analysts surveyed by Bloomberg.
Read more at Bloomberg Commodities News
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