China, having played a big part in the recovery of soybean futures in the last session by revealing a record month for imports, turned its attention to wheat this time.
But without the same effect.
The CNGOIC crop bureau lifted by 1.5m tonnes, to 6.5m tonnes, its forecast for China's wheat imports in 2013-14, a nine-year high.
Which might be considered bullish news, were it not for the fact that investors have already factored in that amount, and more.
The US Department of Agriculture last month raised its estimate to 8.5m tonnes.
While wheat futures started firm in Chicago, they rose by a modest 0.3% to $6.43 a bushel as of 09:05 UK time (03:05 Chicago time) for September delivery.
'Crush margins improving'
Indeed, cautious gains were something of a theme on Friday, with soybeans maintaining their upward progress of the last session, but less so.
The themes which revived its fortunes on Thursday remain intact, with the US cash market recovering as processor talk of having covered needs till doomsday was exposed as hot air, and with continued firmness from the Chinese import data.
"China appears to be back to buying at a normal pace as crush margins are seen improving," Kim Rugel at Benson Quinn Commodities said.
(On the US crush, more will be known on Wednesday with monthly National Oilseed Processors Association data.)
'Could reduce pod development'
And the less ideal spin of the US weather remained currency for market talk too.
"There are concerns that the crop may have a hard time putting on pods and getting the pods filled with nice size soybeans should the US stay on the cooler side over the next 30 days," CHS Hedging said.
"Weather conditions are cool and wet in a lot of areas and there are still a few areas that are pretty cool and dry, which could reduce pod development.
"The beans could use a few rains and some heat units over the next 30-60 days."
'Could have a major impact'
But an increasing focus, of course, is on Monday's US Department of Agriculture Wasde crop report, which is expected to be an important one.
Not only will it bring the first corn yield estimates based on field observations, it will also bring a soybean acres revision, following a resurvey of some states because of the slow planting pace, which questioned the accuracy of data taken by mid-June (the normal cut-off date).
"The August Wasde report could have a major impact on soybean prices especially," one broker said, forecasting a higher soybean acres figure, on the basis that late seeding years typically bring more sowings of the oilseed, which has a later planting window.
(Many other commentators foresee a drop in the plantings figure.)
Lesson from history
Most importantly, the August Wasde has a history of providing a US soybean production figure below expectations.
"USDA August soybean production has fallen short of trade expectations in 11 of the last 12 years," Richard Feltes at RJ O'Brien said.
Not that he was getting too carried away on the bullish side, saying that "soy traders will be facing a potentially record 2014 South American soy crop -up 7m-9m tonnes over 2013 production - that will mitigate shrinkage" in the US crop number, offering extra competition on export markets.
Soybeans for November added 0.4% to $11.89 ¼ a bushel, with the September lo up 0.6% at $12.35 ½ a bushel.
For corn, the Wasde actually shows the opposite trend to soybeans, with the USDA estimate in August reports beating trade expectations in seven of the last nine years.
Still, weather is raising a few concerns here too.
"The corn market struggles with cooler temperatures through and after pollination in many areas," CHS Hedging said.
"The concern is that it won't have enough time to get to full maturity before the first deep freeze of the year."
The broker also added that Tyson's decision to stop slaughtering cattle that have been fed Zilmax, a growth promoter," could provide support to the corn market if feedlot operators choose to feed more corn to add weight to their cattle".
Corn for December gained 0.4% to $4.61 ½ a bushel in Chicago, as speculators opted to take profits on a few of their record number of short positions corn futures and options.