Corn Futures Fall as Rainfall Looks to Ease Drought Conditions — Daily Grain Highlights

By Kirk Maltais — Corn for July delivery fell 0.9% to $4.50 3/4 a bushel on the Chicago Board of Trade Friday, with parched soils in the western Plains looking to get a much-needed drink that will make corn planting easier. — Wheat for July delivery fell 0.9% to $5.79 1/2 a bushel. — Soybeans for July delivery rose 0.7% to $11.89 3/4 a bushel. HIGHLIGHTS Turning on the Faucet: Thursday’s WASDE report kept the supply and demand picture for U.S. crops mostly unchanged, leaving traders to hone their focus on how the weather unfolds for farmers wanting to plant…