CHICAGO, Dec. 23 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures settled mixed on Monday, with soybean futures rising on expectations of fresh Chinese purchases.
The most active soybean contract for January delivery added 5.75 cents, or 0.62 percent, to close at 9.34 dollars per bushel. March wheat went down 2.75 cents, or 0.51 percent, to 5.395 dollars per bushel. March corn rose 1 cent, or 0.26 percent, to 3.8875 dollars per bushel.
Soybean futures firmed on technical buying as investors expect top global soy buyer China would place more orders after China and the United States agreed on the text of a phase one economic and trade agreement.
The U.S. Department of Agriculture confirmed on Thursday that private exporters reported export sales of 126,000 metric tons of soybeans for delivery to China during the 2019/20 marketing year.
Corn futures rose on technical moves and spillover support from soybeans, as traders consolidated positions ahead of the year-end holidays. Enditem
