WHEAT – Down 2 to 4 cents per bushel.
Firm dollar weighing on market and plentiful supply of
wheat continues to act as an anchor on the wheat market, which
occasionally bounces amid short-covering.
CORN – Down 3 to 5 cents per bushel.
Higher dollar, lower crude oil and outlooks for a bumper
U.S. corn harvest in 2010 weigh on market. Profit-taking after
rallying early in the week amid China corn buying also weighs
in addition to talk China is buying or may have bought four
cargoes of Argentine corn.
* CBOT July <CN0> down 3-3/4 cents per bushel at
SOYBEANS – Down 7 to 10 cents per bushel.
Weighed down by firm dollar, lower crude oil, low April soy
crush number in Friday’s NOPA crush report and plentiful global
supply of soybeans.
Weighed down by firm dollar, lower crude oil, low April soy
crush number in Friday’s NOPA crush report and plentiful global
supply of soybeans.