Soybeans futures experienced a significant surge as the U.S. dollar fell to a four-year low, increasing the attractiveness of grain prices for overseas buyers. March Soybeans futures rose 17.5 cents to settle at 1084'6. Corn futures also gained ground as market participants reacted to potential legislative moves to extend E-15 demand year-round. March Corn futures reached 433'2, recovering from previous monthly losses and touching the 100-day moving average. Wheat futures followed the trend, supported by extreme weather and strength in the broader grain complex, with March Wheat futures settling at 541'2. Options participation remained active across the complex as traders adjusted positions amid shifting volatility levels.
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