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Barchart
Barchart
Jim Wyckoff

Rain in the Plains Make Grain, So Bears Are in Control of Corn, Soybean, and Wheat Prices Now

July corn (ZCN26) futures on Friday rose 1 cent to $4.12 3/4 and hit a contract low early on. For the week, July corn was down 4 3/4 cents.July soybeans (ZSN26) fell 1 1/2 cents to $11.13 1/2 and for the week were down 8 cents. July soft red winter (SRW) (ZWN26) futures fell 2 1/4 cents to $5.84 1/2 and for the week were up 4 1/2 cents. July hard red winter (HRW) (KEN26) wheat futures lost 1/4 cent to $6.34 1/2 but for the week were up 13 3/4 cents.

Extended Weather Forecasts Looking Price-Bearish for Corn, Beans

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