Corn futures rose on Friday, extending gains in a weather-fuelled rally that has pointed the market toward a 4 percent weekly rise. Chicago Board of Trade soyabeans also rose on the hot forecast while wheat dipped on concerns about US exports. Chicago Board of Trade corn for September delivery gained 1.3 percent, or 8-3/4 cents, to $6.99-1/2 per bushel at 11:53 am CDT (1653 GMT), heading for seven straight sessions of gains.
August soyabeans touched a five-week high before edging up 0.1 percent, or 2 cents, to $13.84 per bushel. September wheat lost 0.7 percent, or 4-3/4 cents, to $7.02-1/4 per bushel, but was headed for an 8 percent weekly gain, its second-largest in eight weeks.
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