March corn futures hit a two-week low, dropping 5 3/4 cents to $4.40 3/4, down 4 cents for the week. January soybeans fell to a six-week low, losing 16 3/4 cents on Friday and 29 1/4 cents for the week. Wheat markets closed at bearish lows, with futures prices expected to fall further.

USDA reported daily US corn sales of 250,000 MT to unknown destinations. Export demand for US corn has been strong, with a 125-million-bushel boost in exports forecasted for the year. Despite recent price lags, ongoing corn sales should provide support for futures prices.

Soybean prices are in a three-week downtrend, with traders expecting sideways to lower movement. Recent US soybean sales to China have not significantly impacted prices following the US-China trade truce. Soybean meal futures remained steady while soybeans suffered a selloff.

Soy complex traders await the monthly NOPA crush report. Weather conditions in South America are being monitored closely, especially in dry pockets in Argentina. Winter wheat futures remain in a downtrend, with ample global supplies affecting the market.

Russia-Ukraine peace talks continue without a ceasefire. President Trump presses for an agreement. Ceasefire would result in more wheat supplies from the Black Sea region. March cotton futures fell to 63.83 cents, losing 10 points for the week, with a bearish technical outlook.

USDA raised the average US cotton yield, leading to a higher production estimate. Depreciation of the US dollar positively impacts grain and cotton futures markets. Trends in currency markets suggest a weaker greenback could benefit grains and cotton in the coming months.

Read more at Yahoo Finance: Grain, Cotton Futures Markets Look Heavy. What Could Give Them a Lift This Week?