US soyabeans rose nearly 2 percent early on Wednesday after their biggest two-day selloff in seven weeks, and corn and wheat also climbed on buying interest at lower prices. Soyabeans had fallen sharply this week on expectations crop yields across the drought-stricken US Midwest will exceed forecasts as harvesting achieves a record pace.
Chicago Board of Trade November soyabeans rose 1.8 percent or 30 cents to $16.70 a bushel by 11:58 a.m. CDT (1657 GMT), having closed on Tuesday down 1.7 percent for a loss of nearly 6 percent over two days.December Wheat rose 1.6 percent or 13-3/4 cents to $8.77-1/4 a bushel, recouping the previous session's 1.7 percent fall, while December corn rose 2.1 percent or 15-1/2 cents to $7.55-1/2 a bushel.
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