WHEAT – Down 3 to 5 cents per bushel.
End-of-month and end-of-week profit-taking lending pressure in addition to weight from a firm dollar.
* Dry weather is a concern in the U.S. Plains winter wheat growing region, especially in western Kansas and Colorado. It appears that a dry pattern has become firmly entrenched in the
Plains hard red winter wheat producing area. Dryness also is a concern in the Midwest soft red winter region.
* West Australia wheat areas to remain dry over the next week, adding stress to the wheat crop while too much rain is being received in South Australia, Victoria and southern New
South Wales through Saturday.

CORN – Down 3 to 5 cents per bushel.
Profit-taking and a firm dollar weighing on market. Traders said corn was due a setback after rallying to two-year highs.
News China had rejected a cargo of U.S. corn also weighing on the market.
* Dry weather in the U.S. Midwest is favoring the final harvest of corn and soybeans but the dryness is also leading to concerns about slow germination and growth of the newly seeded
2011 U.S. winter wheat crop.

SOYBEANS – Down 8 to 10 cents per bushel.
Pressured by profit-taking after this week’s rally to the highest price in over a year. Heavier-than-expected deliverieson November weigh but ongoing aggressive buying of soybeans by
China continues to underpin the market.
* Crop-friendly rainfall has developed through southern Argentina and the showers should move into the major corn and soybean areas on Friday and overnight. Showers also are
expected in Brazil over the next several days, followed by drier weather. [ID:nDTN415]

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