Soybeans, corn, wheat up ahead of USDA report

Soybeans were higher on commercial and technical buying. Export and crush demand continue to be the primary supportive factors. Soybean oil was up on the tight global supply of and solid demand for vegetable oils, along with the strength in crude oil, while bean meal extended its lower trend on a comparative lack of demand. Malaysian palm oil was up sharply ahead of the U.S. session, but gains were somewhat limited by concerns about demand from China, also a factor for soybeans.

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