Chicago Board of Trade (CBOT) agriculture grains futures closed mixed Monday ahead of a Key monthly agricultural supply and demand report.
The most active Corn contract for December delivery rose 0.75 cent, or 0.21%, to 3.575 bu.
December Wheat delivery dropped 3 cents, or 0.69%, to 4.3475 bu.
November soybeans fell 2 cents,or 0.21%, to 9.6 bu.
CBOT brokers reported that funds sold 1,000 contracts of Wheat, 1,500 contracts of Corn and 2,400 contracts of Soybean.
As investors await the monthly report on agricultural supply and demand,which will be released by the US Department of Agriculture (USDA) Tuesday, the market saw a mixed and choppy session.
US weekly exports for the week ending 7 September were 26.1-M bu Corn, 40.6-M bu Soybean and 16.4-M bu Wheat. The Soybean export volume was above trade expectations, while the grains were close to forecasts.
The Russian Grain Union met in Moscow last week, during which Russian officials assured the participants that the government would do its best to boost export. Agriculture analysts expected that Russia would be able to export 32-33-M tonnes of Wheat, and this would add more pressure to the swelling world Wheat supply.