Soybeans Rebound From Three-Month Low; Wheat Gains; Corn Falls

Soybean prices rebounded from a three-month low on speculation that demand will increase in the U.S., the world’s second-biggest consumer. Wheat rose, and corn declined.

Soybean futures tumbled as much 16 percent from a record on Sept. 4. Last month, the U.S. Department of Agriculture forecast that domestic use in the year that began Sept. 1 will be 2.67 billion bushels, down from 3.105 billion estimated in July and 3.157 billion consumed a year earlier.