US wheat and soyabean futures each fell as much as 1 percent on Friday as the dollar firmed and crude oil tumbled, while rains expected next week in the southern US Plains should benefit the drought-ravaged wheat crop. Corn futures, while struggling to hold slight gains in light trading, were up for the second straight day as flooding and rains delayed plantings in the US Midwest.
Wheat for July delivery was 5-1/2 cents lower at $7.30 per bushel at the Chicago Board of Trade while July soyabeans were down 13-3/4 cents at $13.29 per bushel. CBOT July corn was up 3-1/2 cents at $6.84.