WHEAT – Down 1/2 to 1 cent per bushel.
* Pressure from firm dollar and ongoing reminders of the plentiful
global stockpile of wheat. Losses limited by the potential for
short-covering bounces since the wheat market remains loaded with spec
shorts.
* Pressure from firm dollar and ongoing reminders of the plentiful
global stockpile of wheat. Losses limited by the potential for
short-covering bounces since the wheat market remains loaded with spec
shorts.
CORN – Down 2 to 3 cents per bushel.
* Higher dollar, lower crude oil and prospects for bumper 2010 U.S.
corn crop amid rapid plantings of corn and abundant soil moisture reserves
as the crop emerges and begins to grow.
* Higher dollar, lower crude oil and prospects for bumper 2010 U.S.
corn crop amid rapid plantings of corn and abundant soil moisture reserves
as the crop emerges and begins to grow.
SOYBEANS – Down 3 to 5 cents per bushel.
* Weighed down by firm dollar, lower crude oil and plentiful global
stockpile of oilseeds and outlooks for a potential bumper 2010 U.S. soybean
crop.
* Weighed down by firm dollar, lower crude oil and plentiful global
stockpile of oilseeds and outlooks for a potential bumper 2010 U.S. soybean
crop.