World Agrinews

Soybeans fell from a three-month high on signs that importers are slowing shipments from the U.S., the biggest exporter.

Cattle rose for the fourth time in five sessions after a report showed that U.S. feedlots bought fewer animals than expected in March, signaling reduced supplies of fattened cattle in the future. Hogs declined.

Soybeans rose for a third day, reaching a three-month high, on speculation that China will increase purchases of U.S. supplies to make cooking oil for a growing population and livestock feed to produce pork.

Soybeans topped $10 a bushel for the first time since January and corn gained on speculation that China will boost imports from the U.S., the world’s largest shipper of the crops.