US Corn, Soybeans Rebound as Export Demand Boosts Prices

U.S. corn and soybean futures rose on September 14 as technical buying helped both commodities recover, while winter wheat moved lower.

The rebound in corn and soybeans came after a weak start to the session, with December corn settling 3 cents higher at $5.3325 per bushel and November soybeans gaining 7.75 cents to $13.0425 per bushel.

Traders assessed export inspections, USDA production estimates, weather risks across the Corn Belt, and broader financial-market signals, which contributed to the price increase.

Corn exports totaled 60.1 million bushels for the week ending September 10, down roughly 9% from the previous week but within market expectations of 49.2 million to 69.9 million bushels.

Soybean inspections reached 24.7 million bushels, nearly 45% above the previous week, and surpassed analyst expectations of 11 million to 22 million bushels, with China, Japan, Indonesia, Egypt, and Bangladesh emerging as leading destinations.