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Soybeans Head for Longest Rally in Two Months; Grains Rebound

Dec. 21 (Bloomberg) -- Soybean futures for March delivery rose 0.8 percent to $11.64 a bushel at 11:38 a.m. on the Chicago Board of Trade. The price was up for the fifth straight session, the longest rally since mid-October. Earlier, the oilseed dropped as much as 1.1 percent.

Corn gained 1.3 percent in Chicago after declining as much as 1 percent. Wheat rose 0.9 percent after dropping as much as 1.3 percent.

To contact the editor responsible for this story: Patrick McKiernan at pmckiernan@bloomberg.net

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