Wallstreetcn reported that, at the New York close on Monday, August 31, the Bloomberg Grains Index slipped 0.29% to 35.3385, leaving August up 13.72% after trading near the 31-point level from August 3–11 and forming an intra-month bottom before turning higher.

CBOT corn futures rose 15.84% to $5.3750 per bushel, CBOT wheat futures advanced 18.49% to $7.7525 per bushel, and CBOT soybeans climbed 8.44% to $12.8775 per bushel; soybean meal gained 7.55% and soybean oil rose 6.81%.

On the downside, CBOT lean hog futures declined 1.38%, live cattle futures fell 6.62%, and feeder cattle futures dropped 5.58%.