Wheat falls 1% after four-session rally; key U.S. report in focus
Chicago wheat futures snapped a four-session winning streak on Friday, with the market dropping from a two-week high, as investors squared positions ahead of a key U.S. report on global supply and demand. Corn and soybeans edged lower, although concerns about hot and dry weather conditions in the U.S. Midwest limited losses. “For the 1-5 day forecast, there are light scattered rains for Nebraska, eastern Iowa and Minnesota, with no rain in the forecast for South Dakota, southwestern Minnesota and western Iowa. There is also no rain for Illinois,” according ...
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