Not only did new-crop contracts of soybeans and all three U.S. wheats close higher Friday, they also closed higher on the week. The largest weekly gain of $1.03 a bushel went to September Minneapolis wheat with hot and dry conditions expected to continue next week in the northwestern U.S. Plains and north of the border as well.
September corn closed down 8 1/4 cents and December corn was down 4 1/4 cents. August soybeans closed up 7 1/4 cents and November soybeans were up 11 3/4 cents. September KC wheat closed up 11 1/4 cents, September Chicago wheat was up 20 1/2 cents and September Minneapolis wheat was up 28 3/4 cents.
The September U.S. Dollar Index is trading up 0.03 at 92.66. The Dow Jones Industrial Average is down 161.07 points at 34,825.95. August gold is down $15.60 at $1,813.40, September silver is down $0.67 at $25.73 and September copper is down $0.0035. August crude oil is up $0.37 at $72.02, August heating oil is up $0.0038, August RBOB gasoline is up $0.0033 and August natural gas is up $0.062.