CHICAGO – US soybean futures rose for a sixth consecutive session on Friday and hit a
four-year high on dry conditions in key South American crop areas and concerns about dwindling US supplies.
Corn also gained on strong exports and worries about South American dryness, while
wheat ended mixed.
All three markets finished below their session highs as end-of-week profit-taking clipped
gains. Still, corn and soybeans posted solid weekly gains for a third straight week on worries that demand must slow further to ration tightening supplies.