NEW YORK—Agriculture futures shot up Monday, rebounding sharply after last week’s commodities sell-off sent investors in search of bargain-priced wheat, corn and soybeans.

Other commodities rose broadly, with silver, copper and heating oil futures all advancing. Crude oil futures fluctuated, then closed lower.

A massive commodities sell-off led by liquidating hedge funds drove everything from gold to grains sharply lower last week, wiping out some of this year’s huge gains in the futures market. Many big funds remained on the sidelines Monday, but new buyers jumped into...

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