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Corn, soy futures sag on end-of-month selling; U.S. weather eyed


7/30/2021
By Julie Ingwersen
CHICAGO, July 30 (Reuters) - U.S. corn and soybean futures fell about 2% on Friday on technical selling and long liquidation at the end of the week and month, and on beneficial rains in portions of the Corn Belt, traders said.
Wheat futures ended modestly lower but posted a gain for the month of July.
Chicago Board of Trade December corn settled down 11-1/4 cents at $5.45-1/4 per bushel and November soybeans ended down 28-1/2 cents at $13.49-1/4 a bushel. CBOT September wheat fell 1-1/2 cents to finish at $7.03-3/4 a bushel.
Rains fell Friday in portions of South Dakota, Minnesota and northern Iowa, and some forecasts indicated more showers ahead that could help U.S. crop prospects. ....

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GRAINS-Wheat climbs as dry weather hits U.S. spring crop; corn, soy follow


7/29/2021
By Julie Ingwersen
CHICAGO, July 29 (Reuters) - Chicago Board of Trade (CBOT)
wheat futures rose on Thursday, with the front contract rising
above $7 a bushel for the first time in a week after findings
from an annual U.S. crop tour showed the impact of drought in
the northern Plains spring wheat belt.
Corn and soybean futures closed higher on fears that the
drought also may curb corn and soy prospects.
CBOT September wheat settled up 16-1/2 cents at
$7.05-1/4 per bushel after reaching $7.06-3/4, the contract s
highest since July 22. Minneapolis Grain Exchange September
spring wheat ended up 14-3/4 cents at $9.18-1/2. ....

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