Grain futures made gains throughout the previous week. The largest increase was for wheat with 4.21%, as it went from 10.51 to 10.95 dollars per bushel, while the second largest gain was for corn, which increased 2.89%, closing at a price of 7.91, after having been at 7.68 dollars per bushel. bushel.
Soybeans showed a drop of 0.47% in the same period, as they stood at 16.81 dollars per bushel, after having been at 16.89 dollars per bushel. In addition, China announced that it will sell 500,000 tons of imported soybeans from its state reserves at an auction scheduled for April 22, the National Grain Trading Center said in a notice on its website on Friday.
The sale is aimed at alleviating supply shortages in the domestic market. (With information from Reuters).