CBOT July wheat slipped 3 cents to $7.45/bushel while KCBT July dropped 13 3/4 cents to $8.71 1/4 and MGE July fell 3/4 cent to $10.20 3/4. CBOT July soybeans end down 0.6% at $13.93 3/4 a bushel.
CBOT July soymeal ended up 0.03% at $372.90/short ton, and July soyoil settled down 0.9% at 57.40 cents/pound.
U.S. rice futures rose as USDA cut its view on ending stocks due to planting disruptions from flooding. CBOT July rice jumped 16 1/2 cents to $14.94 per hundredweight.
Ethanol futures rallied Thursday, supported by soaring corn prices and strong demand. Ethanol for July delivery gained 2.8%, to $2.758 per gallon. Oat futures rose, with ongoing concerns about production due to planting issues in the U.S. northern plains and Canada adding support. The July contract jumped 12 cents, or 3.1%, to $3.95 a bushel.