Soyabean and corn futures were also higher, with soyabeans rebounding from Friday's steep losses on support from US Department of Agriculture data showing big shipments and new sales of soyabeans to China.
CBOT wheat posted the largest gains. Wheat for December delivery was up 7-3/4 cents, or 1.9 percent, to $4.16-1/4 per bushel, extending gains after testing Friday's settlement price of about $4.08 as of 11:48 am. CDT (1748 GMT). The Commodity Futures Trading Commission after the close of trading on Friday said speculative traders added a net total of 25,081 short wheat futures positions in addition to expanding their net soyabean long by 17,795 contracts and trimming their net short in corn by 5,948 contracts.
Wheat rallied despite outlooks for crop-friendly rains in extended forecasts for the southern US Plains wheat belt and as analysts polled by Reuters expected the USDA later on Monday to keep good-to-excellent winter wheat condition ratings steady with last week.
CBOT January soyabeans were up 3-1/2 cents to $10.15-1/2 and CBOT December corn was up 2 cents to $3.57.
USDA said 264,000 tonnes of US soyabeans were sold to China and that another 2.87 million tonnes of US soyabeans were inspected last week for export. Robust export demand for US soyabeans and corn has offset pressure from record-large US soya and corn harvests. Analysts expected USDA in a report due at 3 pm CDT to show the soya harvest at 87 percent complete and corn 77 percent done.
Soyabeans hit a two-month high last week before easing and some investors already were looking ahead to a USDA monthly supply and demand report due on November 9.