Soyabean and wheat futures on the Chicago Board of Trade were higher early on Monday, buoyed by weakness in the US dollar, traders said. A weaker dollar typically makes US grains more competitive on the world market, and prompts large speculators to buy commodities as a hedge against inflation. As of 9:35 am CST (1535 GMT), CBOT soyabeans for January delivery were up 9 cents at $10.62 per bushel.
December wheat was up 14-1/4 cents at $5.63. December corn down 1/2 cent at $3.96-3/4 per bushel, March down 1-3/4 at $4.11-3/4.