Grain Traders Are Closely Eyeballing Black Sea Region Grain Shipping as Wheat, Corn Prices Fall

Grain futures markets experienced broad declines on Friday as traders took profits and lightened positions heading into a three-day U.S. holiday weekend. December soft red winter wheat fell 20 1/4 cents to $7.34 for the week, down 50 cents, while December hard red winter wheat lost 13 1/4 cents to $8.02 1/4 and fell 42 cents on the week. December corn futures dropped 4 cents to $5.36 3/4, though they gained 1/4 cent for the week. November soybean futures declined 6 1/2 cents to $13.09 3/4 but r