Renee Hickman

Chicago soybean futures eased on Monday as favorable U.S. crop weather took the focus away from U.S. strikes on Iran conducted over the weekend.

Chicago wheat traded both sides of unchanged on Friday as the U.S. dollar showed some signs of weakness and the market continued to assess lower-than-expected crop ratings, according to analysts, but weather in growing regions was favorable.

Chicago corn futures fell on Thursday as beneficial weather patterns moved through growing areas, analysts said.

Chicago soybean futures dropped on Wednesday as the U.S. Department of Agriculture's data showed rapid planting progress, and demand was slow, according to analysts.

Chicago wheat fell for a third straight session on Tuesday, as rain in growing areas of the U.S. Plains improved moisture for the crop, reinforcing expectations of a well-supplied market, according to analysts.

Chicago corn and soy futures eased on Friday ahead of a long weekend in the U.S., after President Donald Trump posted on social media that he recommended a 50 per cent tariff on goods from the European Union.

Chicago soybeans fell down after multiple days of advances on Friday as many traders exited the market on positioning and news that China was denying claims by U.S. President Donald Trump that the two countries are in tariff talks.

Chicago soybean futures rose for a fourth session on Thursday to hold at a two-month high as the potential for demand outside of China appeared to be rising, and comments by U.S. officials on a possible de-escalation in the trade standoff with that country continued to lend some support to the oilseed market.

Soybean prices rose to a two-month high on Wednesday, underpinned by expectations of a de-escalation in the U.S.-China trade conflict, while wheat and corn futures ticked lower.