Grain and oilseed futures rallied on Tuesday, buoyed by firmer crude oil prices, improved technical sentiment, and supportive weather outlooks. Corn and soybeans led the gains, while wheat also posted solid advances across all three exchanges.
Crude oil extended its recovery, helping lift soybean oil and related products. After recent weakness tied to geopolitical calm in the Middle East, the energy market rebounded amid signs of tightening inventories and firmer gasoline demand. This strength filtered into the grain complex, bolstering biofuel-linked commodities like soybeans.
In addition, weather models suggest warmer conditions returning to parts of the Corn Belt, triggering renewed attention on pollination-stage crops. Corn and soybean traders also reacted to early positioning ahead of the holiday-shortened trading week, with managed money showing fresh interest.
September corn jumped 12 cents to $4.18, and December climbed 11 ½ cents to $4.33 ½.
August soybeans surged 23 ¾ cents to $10.53 ½, while November gained 20 ¾ cents to $10.48.
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