7/1/2021
By Mark Weinraub
CHICAGO, July 1 (Reuters) - U.S. soybean and wheat futures
fell on Thursday while corn firmed slightly, with all three
commodities closing well off their session peaks on a round of
profit taking after rallying to their highest since mid-June,
traders said.
Forecasts for improving crop weather in the U.S. Midwest
added pressure.
CBOT November soybeans settled down 3-1/2 cents at
$13.95-1/2 a bushel, shrugging off signs of strong export demand
and support from a rally in the crude oil market. Much like corn, soybeans are dealing with the profit-taking
that followed the sharply higher session and the wetter
U S wheat futures drop on profit-taking setback
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U S soybeans, wheat fall; corn ends slightly firm
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