Most grain prices on the Chicago Mercantile Exchange fell on Friday July 19. The August soybean futures contract decreased by 1.25 cents per bushel, settling at $10.97 per bu, while September wheat increased by 7.50 cents per bu, closing at $5.42 per bu.
Meanwhile, August soybean meal fell by $0.40 per short ton to $336.80 per ton, and September corn dropped by 0.75 cents per bu to $3.90 per bu.
Wheat prices showed a modest increase after dry weather in several key production countries triggered a round of technical buying, while soybean and corn prices faced minor losses to close out the week.
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The...
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