WHEAT – Down 2 to 3 cents per bushel.
Pressure from firm dollar and falling equities as market continues to
deal with uncertainty about the eurozone economy. Also pressure from a turn
to warmer U.S. crop weather which will help boost production prospects.
CORN – Down 1 to 2 cents per bushel.
Pressure from a turn to warmer and drier weather in the U.S. which will
oost crop growth and speed final sowings. Outside markets also weighing on
orn futures with firm dollar, lower crude oil and falling equities markets
dding pressure. * July below all key moving averages and nine-day RSI at 44.
Pressure from a turn to warmer and drier weather in the U.S. which will
oost crop growth and speed final sowings. Outside markets also weighing on
orn futures with firm dollar, lower crude oil and falling equities markets
dding pressure. * July below all key moving averages and nine-day RSI at 44.
SOYBEANS – Mixed; up 1 to down 1 cent per bushel.
Spot July supported by firm cash, slow farmer selling and talk South
American soy cargoes being switched to the U.S. Overall pressure on the
market from a turn to warmer and drier weather in the U.S. which will boost
crop production prospects. Outside markets also weigh with the firm dollar,
lower crude oil and falling equities leading to market jitters about fate
of eurozone economy.