Mostly dry weather throughout the central U.S. on Monday as high pressure dominates. This dry weather follows a significant rain/snow event in the Southern Plains late last week, which will improve soil moisture for the winter wheat crop. Rains of 0.30-1.50 inches in the major soybean areas of Argentina and southern Brazil over the weekend will benefit the pod-filling crop. Significant hot/dry weather this growing season has affected corn and soybean production in South America. » More DTN Weather Commentary
On a daily basis, Friday's cash corn price was up 1 cents at $6.32; soybeans, up 16 cents at $11.88; hard red winter wheat, down 5 cents at $6.75; soft red winter wheat, down 3 cents at $6.44; and hard red spring wheat up 3 cents at $8.33.