WHEAT – Down 1/2 to 1 cent per bushel.
Profit-taking expected after the strong technical rally on Thursday.
Plentiful supply of wheat continues to slow rallies.
CORN – Down 1 to 2 cents per bushel.
Outlooks for good U.S. corn planting weather through the weekend into
next week weighing on corn futures in addition to profit-taking.
SOYBEANS – Up 1 to 2 cents per bushel.
Fund buying amid support from bullish technial signals after May broke
hrough resistance on Thursday at its 200 day moving average.
Fund buying amid support from bullish technial signals after May broke
hrough resistance on Thursday at its 200 day moving average.