CBOT Wheat Futures Fall 0.75%, Soybean Oil Surges 3.13% on Monday

According to Bloomberg commodity indices, on Monday (July 13), CBOT wheat futures declined 0.75% during New York afternoon trading, while soybean oil futures rallied 3.13% to lead grains higher. The Bloomberg Grain Index fell 0.13% to 30.8578 points after trading higher earlier in the session.

New York cocoa futures dropped 4.24% to $5,808 per ton, narrowing losses from an intraday low of $5,463, according to ICE trading data. CBOT corn futures rose 0.43%, and soybean futures gained 0.23% to $11.935 per bushel.