WHEAT – Up 1 to 2 cents per bushel.
Short-covering support as market remains heavily loaded
with fund shorts. USDA’s export sales report also supportive.
Gains limited by plentiful supplies of wheat as noted by
Thursday’s IGC report and a firm dollar.

CORN – Up 2 to 3 cents per bushel.
Short-covering technical rebound after late slide on
Wednesday supportive for corn, in addition to a big number for
corn in USDA’s weekly export sales report.
* Gains limited by overall good U.S. crop weather and a
reminder from the IGC of a buildup of global corn supplies, a
firm dollar and weak crude oil.
SOYBEANS – Up 3 to 5 cents per bushel.
Short-covering technical bounce expected following late
declines on Wednesday, in addition to support from a
larger-than-expected soybean number in USDA’s weekly export
sales report.
* Gains limited by overall good U.S. crop weather, a
buildup of global corn supplies, a firm dollar and weak crude
oil.

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