21 Oct 2011U.S. wheat and corn closed higher on Thursday, rebounding from an early slide with corn ending 3 percent above session lows as Germany and France raised hopes for a resolution to Europe's debt crisis.
Soybeans also bounced to settle flat, 2 percent above session lows, as investors placed bets in grains and equities ahead of a key meeting between Europe's leaders.
Jerry Gidel, analyst for North America Risk Management Inc., said trading focused far more on macroeconomic concerns than on grain market fundamentals.
http://www.sharenet.co.za/news/Soy_falls_for_fourth_day_on_harvest_weight/65a5f0b181aaef347241ccc5979d4803
