WHEAT – Down 1 to 2 cents per bushel.
Firm dollar and abundant supply of wheat weigh on market in
addition to weight from corn/wheat spreading.
* USDA said 485,500 tonnes of U.S. wheat sold for export
last week, above estimates for 300,000 to 400,000.
* Cold weather in the U.S. Plains not seen causing
significant harm to the U.S. winter wheat crop and the crop is
growing amid overall plentiful soil moisture reserves.
CORN – Steady to up 2 cents per bushel.
Support from news China bought U.S. corn and talk China
might buy more corn but gains limited by firm dollar and lower
crude oil.
Support from news China bought U.S. corn and talk China
might buy more corn but gains limited by firm dollar and lower
crude oil.
SOYBEANS – Down 1 to 3 cents per bushel.
Firm dollar, lower crude oil weigh in addition to pressure
from corn/soy spreading and a lower-than-expected number for
soy in USDA’s weekly export sales report.
Firm dollar, lower crude oil weigh in addition to pressure
from corn/soy spreading and a lower-than-expected number for
soy in USDA’s weekly export sales report.