Corn, wheat prices fall

SINGAPORE, Aug 11 (Reuters): Chicago corn and wheat futures retreated on Thursday after hitting more than one-week highs in the previous session on concerns over hot and dry weather conditions in key exporting countries.
Soybeans lost ground after closing almost unchanged on Wednesday.
"Weather forecasters' outlook for the United States next week is little changed, meaning yield downgrades in some regions," said Tobin Gorey, director of agricultural strategy at the Commonwealth Bank of Australia.