Wheat steady-down 1 cent, corn up 1-2, soybeans up 2-4
The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday.
WHEAT - Steady to down 1 cent per bushel
CBOT wheat futures pared losses after a two-day decline.
Showers next week are expected to improve moisture for southern Midwest and north Delta soft wheat, according to Commodity Weather Group.
Western Australia, the country's biggest grains-exporting region, will produce 300,000 metric tons more wheat this season than expected a month ago, an industry group said on Friday.
CBOT December soft red winter wheat (WZ25) was last down 1/4 cent at $5.24 per bushel. K.C. December hard red winter wheat (KWZ25) last traded down 1/2 cent at $5.09-1/2 a bushel and Minneapolis December wheat (MWEZ25) traded 1-1/4 cent higher at $5.73 a bushel.
CORN - Up 1 to 2 cents per bushel
CBOT corn
ZC1! futures ticked up on Friday, steadying after a two-day drop as traders awaited a call between U.S. President Donald Trump and Chinese counterpart Xi Jinping to gauge progress towards resolving a trade standoff.
Drier weather in the northwestern Midwest by the middle of next week is expected to favor harvesting, according to Commodity Weather Group.
CBOT December corn (CZ25) was last up 1-3/4 cents at $4.25-1/2 per bushel.
SOYBEANS - Up 2 to 4 cents per bushel
CBOT soybean
ZS1! futures edged up, supported by trader optimism about a call between U.S. and Chinese leaders Trump and Xi.
China's agriculture ministry announced on Friday the approval of two genetically-modified soybean varieties and 96 corn varieties.
CBOT November soybeans (SX25) were last up 3 cents at $10.50-1/2 per bushel.