CHICAGO, Sept. 4 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures settled mixed Wednesday, with wheat futures rebounding from a three-month low set in the previous session.
The most active wheat contract for December delivery was up 7.25 cents, or 1.6 percent, to settle at 4.6075 U.S. dollars per bushel. December corn was down 2.5 cents, or 0.69 percent, to 3.585 dollars per bushel. November soybeans were up 7 cents, or 0.81 percent, to 8.755 dollars per bushel.
CBOT corn futures fell for a third straight session, as improving crop ratings and benign weather forecasts raised confidence in U.S. harvest prospects.
The U.S. Department of Agriculture (USDA) on Tuesday afternoon reported that the U.S. corn crop was rated 58 percent good to excellent, up 1 percentage point from a week earlier and in line with trade expectations.
Soybean futures firmed on news of fresh U.S. export sales to Mexico while advances in crude oil added support.
On Wednesday, private exporters reported to the USDA export sales of 451,766 metric tons of soybeans for delivery to Mexico during the 2019/2020 marketing year. Enditem