Corn futures settle higher as dollar declines

Soybean futures tilted higher in American trade as the dollar index bounced off the highest since July 26, following earlier data from the US, the world's largest soybean producer and exporter, and ahead of the Federal Reserve's meeting minutes.

As of 06:58 GMT, soybean futures due on November 15 rose 0.08% to $9.2500 from the opening of $9.2425, while the dollar index shed 0.08% to 93.78 from the opening of 93.85. 

Earlier US data showed building permits fell more than expected as housing starts declined unexpectedly in July, as markets now await the Fed's last meeting minutes, at which policymakers voted to maintain interest rates at between 1.00% and 1.25%, while confirming their plan to normalize the massive $4.5 balance sheet later this year.