Wheat Futures Fall as Weather Outlook Improves — Daily Grain Highlights

By Kirk Maltais –Wheat for July delivery fell 1.7% to $6.35 a bushel on the Chicago Board of Trade Tuesday, as dry areas receive much-needed rainfall over the long weekend. –Corn for July delivery fell 1.1% to $4.58 a bushel. –Soybeans for July delivery fell 0.9% to $11.85 1/2 a bushel. HIGHLIGHTS Entering the Summer: With Memorial Day passed, grain traders are assessing the status of U.S. crops amid the start of the summer. “The months of April and May were no doubt very good for early germination and from the roadside crops appear to be getting off to a…