US corn futures fell 1 percent on Friday and were on track for their first weekly loss in five weeks as the market lost favour with investors after another downbeat outlook from Goldman Sachs. Wheat and soyabeans fell early on the Goldman advice but turned positive in choppy trade on positioning and bargain buying ahead of the weekend.
At 10:32 am CDT (1532 GMT), CBOT May corn was down 8 cents per bushel at $7.46-1/4, May wheat was up 1 cent at $7.41-1/2 and May soyabeans were up 1-3/4 at $13.32-3/4.