U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.
Wheat futures higher on bargain buying, short covering
Weaker Canadian dollar lends support, K.C., Chicago and Minneapolis wheat put pressure on prices
Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter
Easing heat wave in Argentina tempers crop worries
Wheat futures rose while corn ended lower on forecasts for rain in Argentina
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
Early harvest reports from South America could affect prices
South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices