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Soybeans seen slightly lower after push near five-week highs; corn, wheat mixed ahead of holiday weekend.
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Trading ranges were much tighter overnight than recent days in corn, soybean and wheat futures.
Corn falls to six-week low on lackluster exports, favorable weather; soybeans rally on concern over delays in northern Midwest.
Recent rains have eased drought in the Southern and Central Plains, but the relief is too late for much of the crop.
Cash wheat prices fall sharply but still well above year-ago.
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Old-crop corn export sales were a marketing-year low. New-crop sales were light, too.
Wheat and corn futures faced heavy selling pressure overnight but remained above Wednesday’s lows. Selling in soybeans was lighter.
Soybean basis continues to charge higher and is well above the three-year average.
Winter wheat futures end lower but recover much of initial slump; new-crop corn falls to two-week low on planting progress.
Highest food price rises since 1980 (grocery stores) and 1981 (all food and restaurants)
Wheat tumbles to two-week lows on reports Russia may allow food shipments; corn sinks near six-week low.
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Wheat futures sharply extended Tuesday’s hefty losses in overnight trade. Corn and soybeans followed wheat lower.
Corn futures fall to six-week lows after U.S. planting posts big advance; wheat down sharply as slump resumes.
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