NOTE: Friday is the last trading day for CBOT July options.
WHEAT - Up 1 to 2 cents per bushel
Modestly higher after a two-session retreat, supported by worries about stressful crop weather in the northern US Plains and parts of western Europe.
The condition of French soft wheat declined sharply in the week to June 19, data from farming agency FranceAgriMer showed, suggesting crops were already suffering from dry conditions before a heat wave this week.
K.C. hard red winter wheat lower on pressure from the ongoing US harvest.
CBOT July soft red winter wheat was last up 2 cents at $4.63-1/4 per bushel; K.C. July hard red winter wheat was last down 1/2 cent at $4.67-1/4 and MGEX July spring wheat was last up 2-1/4 cents at $6.58-1/2.
CORN - Steady to up 1 cent per bushel
Steady to firm as the market pauses following a four-session slide. CBOT July corn dipped to $3.62-1/4 a bushel, a two-month low, in early moves. The July contract has fallen about 20 cents a bushel this week on generally non-threatening weather as the Midwest crop approaches its key pollination phase next month.
However, Thursday's weekly US Drought Monitor showed drought intensifying in the northern Plains and dryness emerging in Iowa, the top US corn producer, and Nebraska.
Ahead of CBOT July options expiration, trade eyeing the $3.70 strike, which may act as a magnet for prices.
Trade starting to adjust positions ahead of the US Department of Agriculture's June 30 acreage and quarterly stocks reports.
CBOT July corn was last up 1/2 cent at $3.63-1/4 per bushel.
SOYBEANS - Up 2 to 4 cents per bushel
Higher in a technical bounce after a four-session decline pressed the spot CBOT soybean contract on Thursday to $9.03, its lowest in more than a year. Rallies capped by generally benign weather in the US Midwest.
Malaysian September palm oil fell 0.2 percent on expectations of rising output.
CBOT July soybeans were last up 3-3/4 cents at $9.07-3/4 per bushel.