Pressure from expanding world supplies and the bearish influence of a stronger U.S. dollar pushed wheat futures near one-month lows. July wheat on the Chicago Board of Trade closed down 10 cents at $5.8475 after hitting a session low of $5.77, its lowest price since May 18. »

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LONDON (Dow Jones)–Nigeria militants late Friday said they had attacked Chevron Corp.’s (CVX) pipelines, the latest sabotage claim against the U.S. major since the start of an offensive against the rebels. The militants also warned of an impeding operation against another facility operated by the company. In an email, the Movement... »

BUENOS AIRES (Dow Jones)–Dry weather continues to hamper wheat planting, with rainfall desperately needed across much of the Pampas for farmers to proceed with wheat planting, the Agriculture Secretariat said in its weekly crop report Friday. “Soil moisture reserves continue to be low or nonexistent,” the Secretariat said. The Secretariat hasn’t... »

With the U.S. Department of Agriculture warning that U.S. soybean supply could dwindle to a 32-year low, some U.S. cash grain buyers are even resorting to psychological tactics in an attempt to convince bullish bean farmers to sell off their remaining old-crop supplies. UPDATE: SGS: Didn't Inspect Wheat Under Investigation In Egypt LONDON -(Dow... »

The oil market "is on the road to recovery," Saudi Arabia's Oil Minister Ali Naimi contends. Petroleum, at its most basic, provides the asphalt to smooth the world's roads. But a sharp jump in oil prices amid a sputtering global economy makes for a bumpy road ahead. »

Crude oil futures seesawed on Friday around $72 a barrel as the dollar strengthened amid continued worries about the global economy, especially in the eurozone. Light, sweet crude for July delivery settled at $72.04 a barrel, down 64 »

A stronger dollar and technical selling pushed Chicago Board of Trade corn sharply lower Friday, as the market plunged through support areas. July corn was down 15 1/2 cents to $4.25 1/2 per bushel, and December corn »

Although spot soybean prices managed to retain fractional gains, all other U.S. cash grain markets deteriorated this week; tumbling some 6%-7% for winter wheat, more than 4% for corn and 1.5% for spring wheat, during the period. »

Canola contracts on the ICE Futures Canada platform finished the session mainly lower with pre-weekend profit-taking and the declines in the CBOT soybean complex behind much of the downward price slide, »

Soybean futures on the Chicago Board of Trade stumbled Friday, backpedaling on end-of-week profit taking and bearish outside market pressure. CBOT July soybeans settled 21 1/2 cents lower at $12.45 1/2 and November »

Total 2008-crop corn entries into the government's 9-mo price support loan program are 528.240 mln bu, a decrease of 46.090 mln bushels during the week ended Jun 9, according to USDA. »

Total 2008-crop soybean entries into the government's 9-mo price support loan program 49.865 mln bu, a decrease of 6.359 mln bushels during the week ended Jun 9, according to USDA. »

LONDON (Dow Jones)–European wheat futures followed the U.S. market lower Friday, having now erased all of the gains made during last month’s commodity rally. Talk of “green shoots” indicating the beginnings of a macroeconomic recovery were overstated and the markets have responded accordingly, said a London-based broker. Paris November milling wheat closed... »