WHEAT – Steady to up 1 cent per bushel.
Spillover support from gains in KCBT and MGEX wheat futures amid
excessive wet weather in the Canadian Prairies that is trimming wheat
production prospects. Gains limited by profit-taking ahead of the
weekend and after the gains early in the week and a firm dollar.
CORN – Steady to up 1 cent per bushel.
Spillover support from gains in soy and dry weather in portions
of China’s crop growing areas. Gains limited by overall good crop
weather in the U.S., a firm dollar and lower crude oil.
Spillover support from gains in soy and dry weather in portions
of China’s crop growing areas. Gains limited by overall good crop
weather in the U.S., a firm dollar and lower crude oil.
SOYBEANS – Up 2 to 3 cents per bushel.
Firm cash markets, slow farmer selling and some concern about a
turn to hot and dry weather in the U.S. Delta crop region lending
support in addition to support from excessive rainfall in the
Canadian Prairies that is expected to trim canola production.
Firm cash markets, slow farmer selling and some concern about a
turn to hot and dry weather in the U.S. Delta crop region lending
support in addition to support from excessive rainfall in the
Canadian Prairies that is expected to trim canola production.