WHEAT – Down 1/2 to 1 cent per bushel.
Strong condition ratings for the U.S. winter wheat crop as released by
the USDA late Monday and a firm dollar weighs on wheat futures. KCBT HRW
winter wheat firm as Iraq buys wheat including 50,000 tonnes of U.S. HRW
wheat.
CORN – Up 1/2 to 1 cent per bushel.
Support from short-covering and wet weather in the U.S. that is slowing
spring fieldwork and delaying early corn seedings.
Support from short-covering and wet weather in the U.S. that is slowing
spring fieldwork and delaying early corn seedings.
SOYBEANS – Up 2 to 3 cents per bushel.
Short-covering, slow farmer selling and firm cash markets lend support
but gains limited by harvest of record large South American crop.
Short-covering, slow farmer selling and firm cash markets lend support
but gains limited by harvest of record large South American crop.